28-1-1-1. Short Title

Sec. 1. This article shall be known and may be cited as The Indiana Financial Institutions Act. Formerly: Acts 1933, c.40, s.1. As amended by P.L.263-1985, SEC.1.

28-1-1-2. Application of Article

Sec. 2. This article applies to every financial institution and to other corporations and individuals as may by law after July 1, 1933, be subjected to the provisions of this article. Formerly: Acts 1933, c.40, s.2. As amended by P.L.263-1985, SEC.2; P.L.42-1993, SEC.19.

28-1-1-3. Definitions

Sec. 3. Unless a different meaning is required by the context, the following definitions apply throughout this article: (1) “Financial institution” means any bank, trust company, corporate fiduciary, savings association, credit union, savings bank, bank of discount and deposit, or industrial loan and investment company organized or reorganized under the laws of this state, and […]

28-1-1-3.5. Affiliate Relationship

Sec. 3.5. Except as otherwise provided, for purposes of this title, a company is an affiliate of any financial institution or other person subject to this title if the company bears the same relationship to the financial institution or person subject to this title as a company described in IC 28-1-18.2-1 bears to a bank. […]

28-1-1-4. “Fund”

Sec. 4. As used in IC 28-11, “fund” refers to the financial institutions fund established by IC 28-11-2-9. As added by P.L.33-1991, SEC.2.

28-1-1-5. References to Savings Associations

Sec. 5. A reference in the Indiana Code to any of the following shall be interpreted as a reference to a savings association (as defined in IC 28-15-1-11): (1) Building and loan association. (2) Savings and loan association. (3) Rural loan and savings association. (4) Guaranty loan and savings association. (5) Mutual association. (6) Stock […]

28-1-1-6. “Depository Financial Institution”

Sec. 6. For purposes of IC 28-1-23-16, “depository financial institution” means a financial institution that is: (1) a commercial bank, organized or reorganized under the law of another state (as defined in IC 28-2-17-19) or United States law; (2) a trust company, organized or reorganized under the law of another state (as defined in IC […]