Ind. Code § 28-11-5-3
Applications to establish financial institutions
As added by P.L.42-1993, SEC.91. Amended by P.L.122-1994, SEC.111.
(a) A request to establish a financial institution must be set forth in an application:
- (1) prescribed by the department; and
- (2) containing the information required by the department.
(b) Within twenty (20) business days after receiving an application under this section, the department shall:
- (1) accept the application for processing;
- (2) request additional information to complete the application; or
- (3) return the application if it is incomplete.
As added by P.L.42-1993, SEC.91. Amended by P.L.122-1994, SEC.111.