Indiana § 28-2-14-6 Control

Indiana Statutes

§ 28-2-14-6 — Control

Indiana § 28-2-14-6

Art. 2BANKS

Ch. 14Indiana Bank Holding Companies

This text of Indiana § 28-2-14-6 (Control) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 28-2-14-6 (2026).

Text

As used in this chapter, "control" means directly or indirectly:

(1)to own, control, or hold, with power to vote, twenty-five percent (25%) or more of the voting shares of a bank or company;

(2)to control in any manner the election of a majority of the directors or trustees of a bank or company; or

(3)to exercise a controlling influence over the management or policies of a bank or company, as determined by the Board of Governors of the Federal Reserve System after notice and opportunity for hearing.

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As used in this chapter, "control" means
directly or indirectly:
(1) to own, control, or hold, with power to vote, twenty-five
percent (25%) or more of the voting shares of a bank or company;
(2) to control in any manner the election of a majority of the
directors or trustees of a bank or company; or
(3) to exercise a controlling influence over the management or
policies of a bank or company, as determined by the Board of
Governors of the Federal Reserve System after notice and
opportunity for hearing.