Note: This version of section effective until 1-1-2018. See also following version of this section, effective 1-1-2018.

1. (1) is organized under the laws of:

   1. (A) any other state (as defined in IC 28-2-17-19 );
   2. (B) the United States; or
   3. (C) any other country;
2. (2) is not domiciled in Indiana; and

3. (3) is referred to in this chapter as a corporation or foreign corporation;

   shall, before transacting business in this state, obtain a certificate of admission to this state from the department, which must be filed with the secretary of state. A corporation may not do business in Indiana unless a certificate of admission is issued to the corporation by the department.

4. (b) The activities listed in IC 23-1-49-1 (b) do not constitute transacting business within the meaning of subsection (a). For the purposes of this section, the list of activities set forth in IC 23-1-49-1 (b) is not exhaustive.
5. (c) Isolated business transactions that are not regular, systematic, or continuing do not constitute the transaction of business under subsection (a).

Sec. 1. (a) Any bank, savings bank, trust company, corporate fiduciary, credit union, industrial loan and investment company, or savings association that:

As amended by P.L.263-1985, SEC.84; P.L.262-1995, SEC.49; P.L.171-1996, SEC.8; P.L.192-1997, SEC.5; P.L.213-2007, SEC.43; P.L.217-2007, SEC.41.