§ 28-6.1-13-3 — Contents of statements

Indiana § 28-6.1-13-3

• Jurisdiction: Indiana
• Art. 6.1: SAVINGS BANKS
• Ch. 13: Statement of Condition

Text

(a) The following items shall be shown in the
statement of condition in detail and under appropriate headings, as of
a day specified by the department in the department's notice:
(1) The resources and liabilities of the savings bank, and except
as provided in subdivision (2), excluding from the resources and
liabilities all property held in trust.
(2) The uninvested funds held in any fiduciary capacity. These
uninvested funds shall be called "first lien trust funds".
(3) Other information required by rules of the department.
(b) The items enumerated in subsection (a)(2) shall be segregated
from the statement of resources and liabilities of the savings bank
under an appropriate title that will clearly designate the character and
amount of the items.

Legislative History

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