IC 28-1-13 – Loans and Investments of Banks and Trust Companies | Midpage

Collections
Indiana Code

Chapter 13

IC 28-1-13

Loans and Investments of Banks and Trust Companies

1Repealed 1.1"Capital and surplus" or "unimpaired capital and unimpaired surplus" defined 1.2"Loans and extensions of credit" defined 1.3"Person" defined 1.4Repealed 1.5Limits on total loans and extensions of credit to one borrower; loans and extensions not fully secured; loans and extensions fully secured; derivative transactions 1.6Exceptions to limitations on loans or extensions of credit to one borrower 1.7Limit on total consumer credit obligation of one borrower 1.8Limit on obligations secured by documents or instruments covering livestock; dealer discount of paper securing sale of dairy cattle with payment guaranteed by seller 2Repealed 3Repealed 4Repealed 5Repealed 6Extension of credit to officers, directors, or principal shareholders; compliance with federal restrictions 7Repealed 7.1State chartered banks; real estate loans 8Loans on security of own shares; acquisition of shares; disposition 9Repealed 10Prohibition against accepting compensation for procuring loan; exception for bona fide employment or compensation agreements 11Reduction of existing obligations held in excess of limitations 12Loans or credit to student loan marketing association; applicability of capital and surplus limitation 13Applicability of federal regulations