Indiana Statutes
§ 28-8-1-2 — Authority of two or more banks and trust companies to invest
Any two (2) or more banks or trust companies
may invest in a bank service corporation an amount not to exceed ten
percent (10%) of the capital and surplus of each of them as defined in
IC 28-1-1.
Formerly: Acts 1963, c.359, s.2. As amended by P.L.263-1985,
SEC.202; P.L.213-2007, SEC.75; P.L.217-2007, SEC.73.
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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 escrows