Home/Indiana/Statutes/Art. 6.1: SAVINGS BANKS/Ch. 10: Savings Banks Dealing in Investment Securities/§ 28-6.1-10-3
Indiana Statutes

§ 28-6.1-10-3 — Dealing requirements

Indiana § 28-6.1-10-3
JurisdictionIndiana
Art. 6.1SAVINGS BANKS
Ch. 10Savings Banks Dealing in Investment Securities

This text of Indiana § 28-6.1-10-3 (Dealing requirements) 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 § 28-6.1-10-3 (2026).

Text

Except as otherwise provided in this article, a savings bank may deal in investment securities only by purchasing and selling securities without recourse, solely upon the order and for the account of customers.

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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"
§ 28-1-11-1
General and enumerated rights, privileges, and powers; "bank or trust company"
§ 28-1-11-10
Service as fiduciary without bond; judicial control; requirement of security
§ 28-1-11-11
Safe deposits and escrows
§ 28-1-11-12
Federal reserve system and federal deposit insurance corporation membership; federal securities
§ 28-1-11-12.5
Federal home loan bank; investments; membership; loans; transfer, assignment, and pledge of bonds, notes, contracts, mortgages, securities, and other property
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Bluebook (online)
Indiana § 28-6.1-10-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-6.1-10-3.