Ind. Code § 28-2-16-15

Acquisition of financial institutions

As added by P.L.279-1987, SEC.9. Amended by P.L.33-1991, SEC.41; P.L.42-1993, SEC.68.

Subject to the limitations of this chapter, a foreign bank holding company is entitled to acquire one (1) or more:

  1. (1) Indiana banks;
  2. (2) Indiana bank holding companies; or
  3. (3) foreign bank holding companies that have acquired one (1) or more Indiana banks;

    after approval by the department.

As added by P.L.279-1987, SEC.9. Amended by P.L.33-1991, SEC.41; P.L.42-1993, SEC.68.

Log InSign Up