Indiana Statutes
§ 28-2-18-10 — "De novo branch" defined
As used in this chapter, "de novo branch" means a branch of a bank located in a host state that:
(1)is originally established by the bank as a branch; and
(2)does not become a branch of the bank as a result of:
(A)the acquisition of another bank or a branch of another bank;
or
(B)the merger, consolidation, or conversion involving any such
bank or branch.
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Legislative History
As added by P.L.171-1996, SEC.37.
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