Indiana Statutes

§ 28-13-17-3 — "Financial subsidiary activity" defined

Indiana·Art. 13 CORPORATE GOVERNANCE·Ch. 17 Financial Subsidiary Activities of Financial Institutions

As used in this chapter, "financial subsidiary activity" means:

(1)an activity that has been authorized for a financial subsidiary of a national bank under 12 U.S.C. 24a and that may be conducted by a national bank only through a financial subsidiary; or
(2)an activity that has been determined by the department to be financial in nature or incidental to a financial activity.

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Related

§ 24a
12 U.S.C. § 24a

Legislative History

As added by P.L.63-2001, SEC.28 and P.L.134-2001, SEC.30.

Nearby Sections

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