Indiana § 28-8-1-2 Authority of two or more banks and trust companies to invest

Indiana Statutes

§ 28-8-1-2 — Authority of two or more banks and trust companies to invest

Indiana § 28-8-1-2

Art. 8FINANCIAL SERVICES

Ch. 1Bank Service Corporations

This text of Indiana § 28-8-1-2 (Authority of two or more banks and trust companies to invest) 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 § 28-8-1-2 (2026).

Text

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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