For purposes of IC 28-1-23-16 , "depository financial institution" means a financial institution that is:

1. (1) a commercial bank, organized or reorganized under the law of another state (as defined in IC 28-2-17-19 ) or United States law;
2. (2) a trust company, organized or reorganized under the law of another state (as defined in IC 28-2-17-19 ) or United States law;
3. (3) a credit union, organized or reorganized under the law of another state (as defined in IC 28-2-17-19 ) or United States law;
4. (4) a savings bank, organized or reorganized under the law of another state (as defined in IC 28-2-17-19 ) or United States law;
5. (5) a savings association, organized or reorganized under Indiana law, the law of another state (as defined in IC 28-2-17-19 ), or United States law;
6. (6) a bank of discount and deposit, organized or reorganized under the law of another state (as defined in IC 28-2-17-19 ) or United States law;
7. (7) an industrial loan and investment company, organized or reorganized under Indiana law, the law of another state (as defined in IC 28-2-17-19 ), or United States law; or
8. (8) a financial institution similar to those listed in subdivisions (1) through (7), organized or reorganized under Indiana law, the law of another state (as defined in IC 28-2-17-19 ), or United States law.

As added by P.L.81-2001, SEC.1.