Indiana Statutes
§ 28-6.1-6-8 — Accepting drafts for future payment; issuing letters of credit
Indiana § 28-6.1-6-8
This text of Indiana § 28-6.1-6-8 (Accepting drafts for future payment; issuing letters of credit) 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 § 28-6.1-6-8 (2026).
Text
A savings bank may accept for future payment
drafts drawn upon the savings bank by its customers and may issue
letters of credit with a specific expiration date authorizing the holders
of the letters to draw drafts upon the savings bank or its correspondents
at sight or on time.
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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"§ 28-1-11-11
Safe deposits and escrowsCite This Page — Counsel Stack
Bluebook (online)
Indiana § 28-6.1-6-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-6.1-6-8.