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Indiana Code
Title 28
6.1
Chapter 6
IC 28-6.1-6
General Powers of a Savings Bank
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1
Discounting, negotiating, selling, and guaranteeing evidences of debt
2
Buying and selling exchange, coin, and bullion
3
Loaning money; engaging in tax equity finance transactions
4
Borrowing money
5
Receiving savings and demand deposits
6
Receiving deposits of securities and personal property
7
Contracting for and receiving highest rate of interest
8
Accepting drafts for future payment; issuing letters of credit
9
Exercising general banking powers; issuing money
10
Receiving deposits of state and federal public funds
11
Acting as fiscal or transfer agent of government bodies
12
Transferring, registering, and countersigning certificates of stock, bonds, and other evidences of indebtedness
13
Acting as agent to buy and sell transportation
14
Soliciting and writing insurance; acting as insurance producer for life insurance or annuity; prohibitions; authority to purchase and hold life insurance
15
Acting as attorney
16
Receiving personal property for deposit
17
Acting under court appointment
18
Acting in probate
19
Acting as guardian, trustee, or personal representative
20
Taking, accepting, and executing trusts
21
Acting in fiduciary capacity
22
Receiving fees, commissions, gifts, and things of value
22.5
Profit or commission on sales or purchases; necessity of specific authorization; surcharge
23
Requesting mergers, consolidations, and joinings
24
Request to exercise rights and privileges granted to national banks; appeal
25
Requirement to provide property tax information in certain transactions
26
Authorization for savings banks to use fiduciary funds in conflict of interest transactions; conditions; notice; required consent