28-1-20-5. Depositors; Withdrawal of Deposits
Sec. 5. All persons, regardless of age, may become depositors in any bank or trust company and shall be subject to the same duties and liabilities respecting their deposits. Whenever a deposit is accepted by any bank or trust company in the name of any person, regardless of age, the deposit may be withdrawn by […]
28-1-20-6. Loans; Misrepresenting Age; Estoppel by Representation
Sec. 6. When, in case of any loan made by any bank or trust company, the borrower, or any other person furnishing security on behalf of the borrower, shall, as an inducement to the bank or trust company to make the loan, represent to it, in writing, that he or she is eighteen (18) years […]
28-1-20-7. Associations of Banks and Trust Companies; Authority to Join
Sec. 7. With the consent and approval of the department, any bank or trust company may become associated with any organization or association of banks and trust companies, whether state or national, or both, if such organization or association is formed pursuant to federal legislation which confers on banks or trust companies in this state […]
28-1-20-8. Bank or Trust Company Required to Close; Custody of Business and Property; Petition to Reopen; Decision; Appeal; Liquidation
Sec. 8. (a) When and if any bank or trust company organized or reorganized under the provisions of this article, or any bank of discount and deposit or loan and trust and safe deposit company organized under any law enacted prior to February 24, 1933, shall be required to cease all banking operation within twenty […]
28-1-20-1. Repealed
Formerly: Acts 1933, c.40, s.243; Acts 1937, c.33, s.33; Acts 1943, c.7, s.1; Acts 1965, c.356, s.19. As amended by Acts 1976, P.L.123, SEC.1; Acts 1979, P.L.258, SEC.2; Acts 1979, P.L.259, SEC.2. Repealed by Acts 1980, P.L.40, SEC.10.
28-1-20-1.1. Statements of Account; Dormant Accounts; Service and Maintenance Charges
Sec. 1.1. (a) When a statement of account has been delivered by a bank or savings bank to a depositor, the account, after the period of three (3) years from the date of its delivery, shall be deemed finally adjusted and its correctness conclusively presumed. A statement of account or a passbook is delivered to […]
28-1-20-2. Repealed
Formerly: Acts 1933, c.40, s.244. As amended by P.L.263-1985, SEC.73. Repealed by P.L.215-1999, SEC.16.
28-1-20-3. Insolvency; Void Transfers
Sec. 3. All transfers of notes, bonds, bills of exchange and other evidences of debt owing to any bank or trust company; all transfers of deposits to its credit; all assignments of mortgages, sureties on real estate, or of judgments or decrees in its favor; all deposits of money, bullion or other valuable thing for […]
28-1-20-4. Naming Conventions; Department’s Investigatory and Enforcement Powers; Penalties; Marketing Materials and Solicitations
Sec. 4. (a) Except as provided in subsections (c), (d), (g), and (o), it is unlawful for any person, firm, limited liability company, or corporation (other than a bank or trust company, a bank holding company, a subsidiary of a bank or trust company, a subsidiary of a bank holding company, a subsidiary of a […]