Home/Indiana/Statutes/Art. 6.1: SAVINGS BANKS/Ch. 6: General Powers of a Savings Bank/§ 28-6.1-6-9
Indiana Statutes

§ 28-6.1-6-9 — Exercising general banking powers; issuing money

Indiana § 28-6.1-6-9
JurisdictionIndiana
Art. 6.1SAVINGS BANKS
Ch. 6General Powers of a Savings Bank

This text of Indiana § 28-6.1-6-9 (Exercising general banking powers; issuing money) 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 § 28-6.1-6-9 (2026).

Text

A savings bank may exercise all the powers incidental, proper, necessary, or usual in carrying on a general banking business, but it may not issue bills to circulate as money.

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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 § 28-6.1-6-9, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-6.1-6-9.