Indiana Statutes
§ 28-6.1-10-12 — Establishment and acquisition of subsidiaries
A savings bank may establish or acquire a subsidiary that engages in either of the following:
(1)The sale, distribution, or underwriting of securities issued by
investment companies (as defined in Section 3 of the Investment
Company Act of 1940 (15 U.S.C. 80a-3)).
(2)The underwriting or distribution of securities backed by or
representing an interest in mortgages.
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Related
§ 80a
15 U.S.C. § 80a
Legislative History
As added by P.L.42-1993, SEC.72.
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