"Depository financial institution" means a financial institution that is organized or reorganized under Indiana law, the law of another state, or United States law. The term includes:

1. (1) a commercial bank;
2. (2) a trust company;
3. (3) a credit union;
4. (4) a savings bank;
5. (5) a savings association;
6. (6) a bank of discount and deposit;
7. (7) an industrial loan and investment company; or

8. (8) a similar financial institution to those listed in subdivisions (1) through (7);

   if that financial institution has the financial institution's principal place of business or a branch in Indiana.

As added by P.L.258-1989, SEC.2. Amended by P.L.42-1993, SEC.87; P.L.79-1998, SEC.82.