Indiana Statutes

§ 33-44-3-4 — "Depository financial institution"

Indiana·Art. 44 INTEREST BEARING ATTORNEY TRUST·Ch. 3 Definitions

"Depository financial institution" means a bank, a bank or trust company, a credit union, an industrial loan and investment company, a savings bank, or a savings association, whether chartered, incorporated, licensed, or organized under Indiana law or the law of the United States that:

(1)does business in Indiana; and
(2)is insured by the Federal Deposit Insurance Corporation, the National Credit Union Administration, or an alternate share insurer. [Pre-2004 Recodification Citation: 33-20-3-4.]

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Legislative History

As added by P.L.98-2004, SEC.23. Amended by P.L.89-2011, SEC.77.

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