Indiana § 28-8-1-5 Regulation and examination

Indiana Statutes

§ 28-8-1-5 — Regulation and examination

Indiana § 28-8-1-5

Art. 8FINANCIAL SERVICES

Ch. 1Bank Service Corporations

This text of Indiana § 28-8-1-5 (Regulation and examination) 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 § 28-8-1-5 (2026).

Text

No bank or trust company subject to
examination by the department may cause to be performed, by contract
or otherwise, any bank services for itself, either on or off its premises,
until such time as assurances are furnished to the department by the
bank or trust company and the bank service corporation performing
such bank services that the performance thereof will be subject to
regulation and examination by the department to the same extent as if
such bank services were being performed by the bank or trust company
on its own premises.
Formerly: Acts 1963, c.359, s.5.

Free access — add to your briefcase to read the full text and ask questions with AI

No bank or trust company subject to
examination by the department may cause to be performed, by contract
or otherwise, any bank services for itself, either on or off its premises,
until such time as assurances are furnished to the department by the
bank or trust company and the bank service corporation performing
such bank services that the performance thereof will be subject to
regulation and examination by the department to the same extent as if
such bank services were being performed by the bank or trust company
on its own premises.
Formerly: Acts 1963, c.359, s.5.