Indiana Statutes
§ 28-9-2-6 — "Depository financial institution"
"Depository financial institution" means a financial institution that is organized or reorganized under Indiana law, the law of another state, or United States law. The term includes:
(1)a commercial bank;
(2)a trust company;
(3)a credit union;
(4)a savings bank;
(5)a savings association;
(6)a bank of discount and deposit;
(7)an industrial loan and investment company; or
(8)a similar financial institution to those listed in subdivisions (1)
through (7);
if that financial institution has the financial institution's principal place
of business or a branch in Indiana.
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Legislative History
As added by P.L.258-1989, SEC.2. Amended by P.L.42-1993,
SEC.87; P.L.79-1998, SEC.82.
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