Indiana Statutes

§ 28-6.1-8-10 — Depositing funds; permissible institutions and accounts

Indiana § 28-6.1-8-10
JurisdictionIndiana
Art. 6.1SAVINGS BANKS
Ch. 8Investment and Loan Powers of Savings Banks

This text of Indiana § 28-6.1-8-10 (Depositing funds; permissible institutions and accounts) 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 § 28-6.1-8-10 (2026).

Text

A savings bank may deposit its funds in:

(1)a federally chartered savings association; or
(2)a savings association or other entity organized and operated according to federal law or the laws of a state or the District of Columbia; the accounts of which are insured by the Federal Deposit Insurance Corporation.

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Legislative History

As added by P.L.42-1993, SEC.72. Amended by P.L.79-1998, SEC.72; P.L.89-2011, SEC.45.

Nearby Sections

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