Indiana Statutes
§ 28-2-17-3 — "Bank" defined
(a)Except as provided in subsection (b), as
used in this chapter, "bank" has the meaning set forth in 12 U.S.C.
1813(h).
(b)Except as provided in subsection (c), the term "bank" does not
include any foreign bank (as defined in 12 U.S.C. 3101(7)).
(c)The term "bank" includes any foreign bank organized or
reorganized under the laws of a territory of the United States, Puerto
Rico, Guam, American Samoa, or the Virgin Islands, the deposits of
which are insured by the Federal Deposit Insurance Corporation.
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Legislative History
As added by P.L.171-1996, SEC.36.
Nearby Sections
15
§ 28-1-1-1
Short title§ 28-1-1-2
Application of article§ 28-1-1-3
Definitions§ 28-1-1-3.5
Affiliate relationship§ 28-1-1-3.7
"Emancipated youth"§ 28-1-1-3.9
"Foster youth"§ 28-1-1-4
"Fund"§ 28-1-1-5
References to savings associations§ 28-1-1-6
"Depository financial institution"§ 28-1-1-7
"Qualified youth"§ 28-1-11-11
Safe deposits and escrows