Indiana Statutes
§ 28-11-5-8 — Approval or disapproval of applications
Indiana·Art. 11 DEPARTMENT OF FINANCIAL INSTITUTIONS·Ch. 5 Department Oversight of Organization of a Financial
Within a reasonable time after the application is accepted by the department for processing, but not more than one hundred twenty (120) days from the later of:
(1)the date on which the application is accepted by the
department; or
(2)the date on which the hearing is held, if a hearing is held;
the department shall either approve or disapprove the application.
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Legislative History
As added by P.L.42-1993, SEC.91. Amended by P.L.122-1994,
SEC.115.
Nearby Sections
15
§ 28-1-1-1
Short title§ 28-1-1-2
Application of article§ 28-1-1-3
Definitions§ 28-1-1-3.5
Affiliate relationship§ 28-1-1-3.7
"Emancipated youth"§ 28-1-1-3.9
"Foster youth"§ 28-1-1-4
"Fund"§ 28-1-1-5
References to savings associations§ 28-1-1-6
"Depository financial institution"§ 28-1-1-7
"Qualified youth"§ 28-1-11-11
Safe deposits and escrows