Indiana § 28-2-14-19 Assumed business names; bank holding companies; resolutions

Indiana Statutes

§ 28-2-14-19 — Assumed business names; bank holding companies; resolutions

Indiana·Art. 2 BANKS·Ch. 14 Indiana Bank Holding Companies

(a)The board of directors of a bank holding company that adopts a resolution under section 18(c) of this chapter may in that resolution or a subsequent resolution provide that all or a part of the trust business of an Indiana affiliate of the bank holding company may be conducted under an assumed business name specified in the resolution.

(b)A copy of the resolution must be:

(1)certified by the secretary or the assistant secretary of the bank holding company;

(2)filed with the department; and

(3)recorded in the county recorder's office:

(A)in each county in which an Indiana affiliate affected by the resolution maintains an office at which trust business is conducted under an assumed business name provided for in the resolution; and

(B)on or before the earlier of:

(i)thirty (30) day

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(a) The board of directors of a bank holding
company that adopts a resolution under section 18(c) of this chapter
may in that resolution or a subsequent resolution provide that all or a
part of the trust business of an Indiana affiliate of the bank holding
company may be conducted under an assumed business name specified
in the resolution.
(b) A copy of the resolution must be:
(1) certified by the secretary or the assistant secretary of the bank
holding company;
(2) filed with the department; and
(3) recorded in the county recorder's office:
(A) in each county in which an Indiana affiliate affected by the
resolution maintains an office at which trust business is
conducted under an assumed business name provided for in the
resolution; and
(B) on or before the earlier of:
(i) thirty (30) days after the adoption of the resolution; or
(ii) the first day trust business is conducted in any county
under the assumed business name provided for in the
resolution.

Indiana § 28-2-14-19 (Assumed business names; bank holding companies; resolutions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.