§ 28-14-7-1 — Prohibited transactions; investigatory and enforcement powers of department

Indiana § 28-14-7-1

• Jurisdiction: Indiana
• Art. 14: CORPORATE FIDUCIARIES
• Ch. 7: Requirements and Prohibitions Applying to Corporate

Text

(a) A corporate fiduciary is prohibited from
entering into any transaction that would be prohibited for a bank under
IC 28-1-18.2.
(b) The department has the same:
(1) powers of investigation; and
(2) enforcement authority;
concerning corporate fiduciaries and their affiliates as the department
has with respect to banks and their affiliates under IC 28-1-18.2.

Legislative History

As added by P.L.262-1995, SEC.90.