Indiana Statutes

§ 28-12-3-3 — Necessary terms

Indiana·Art. 12 FORMATION OF BANKS, TRUST COMPANIES,·Ch. 3 Corporate Name
(a)If the proposed corporation is organized to transact business under IC 28-1-11, the corporate name must include the word "bank", "trust", "banc", "banco", or "bancorp".
(b)If the proposed corporation is to be a corporate fiduciary, the corporate name of the corporation must include the word "trust" or "fiduciary".

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Legislative History

As added by P.L.14-1992, SEC.162. Amended by P.L.262-1995, SEC.81; P.L.79-1998, SEC.87; P.L.10-2006, SEC.76 and P.L.57-2006, SEC.76.

Nearby Sections

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