Hereafter and without the approval of the Board of Financial Institutions, banks may make investments in bank premises, furniture and fixtures, equipment, loans on properties that are leased to the bank, and stocks of subsidiary corporations organized to hold title to banking house properties. The aggregate of such investments shall not exceed one hundred percent (100%) of the combined outstanding capital stock, surplus, and capital notes and/or debentures of the bank.

HISTORY: Amended by State Register Volume 24, Issue No. 2, eff February 25, 2000; SCSR 49-11 Doc. No. 5396, eff November 28, 2025.