Indiana Statutes

§ 28-6.1-10-8 — Purchase and sale of collateralized mortgage obligations

Indiana § 28-6.1-10-8
JurisdictionIndiana
Art. 6.1SAVINGS BANKS
Ch. 10Savings Banks Dealing in Investment Securities

This text of Indiana § 28-6.1-10-8 (Purchase and sale of collateralized mortgage obligations) 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 § 28-6.1-10-8 (2026).

Text

(a)Subject to subsection (b), a savings bank may purchase for its own account and sell obligations, commonly known as collateralized mortgage obligations, that are eligible for purchase and sale by national banking associations.
(b)A savings bank may purchase for its own account and sell the obligations only to the extent that a national banking association can purchase and sell those obligations.

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Legislative History

As added by P.L.42-1993, SEC.72.

Nearby Sections

15
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Bluebook (online)
Indiana § 28-6.1-10-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-6.1-10-8.