28-15-9-1. Limitations
Sec. 1. A savings association may form and invest in a service corporation to the same extent and with the same limitations as a federally chartered savings association, as provided for by 12 CFR 559. As added by P.L.193-1997, SEC.2. Amended by P.L.215-1999, SEC.15.
28-15-2-2. Request to Exercise Rights and Privileges Granted Federal Savings Associations; Appeal
Sec. 2. (a) As used in this section, “rights and privileges” means the power: (1) to: (A) create; (B) deliver; (C) acquire; or (D) sell; a product, a service, or an investment that is available to or offered by; or (2) to engage in mergers, consolidations, reorganizations, or other activities or to exercise other powers […]
28-15-2-3. Denial of Rights and Privileges; Appeal
Sec. 3. If the department denies the request of a savings association under section 2 of this chapter to exercise any rights and privileges that are granted to federal savings associations, the savings association may appeal the decision of the department to the circuit court, superior court, or probate court with jurisdiction in the county […]
28-15-3-1. Applicability of Statutes Relating to Share Account Associations
Sec. 1. Deposit associations: (1) continue to possess all the rights, powers, privileges, and immunities afforded by IC 28-1 and any other statutes relating to share account associations; and (2) are subject to all the duties and obligations imposed upon share account associations by IC 28-1 or other statutes relating to share account associations. As […]
28-15-3-2. Share Account Association; Conversion to Deposit Association
Sec. 2. A share account association may convert to a deposit association by amending its articles of incorporation in accordance with IC 28-13-14. As added by P.L.193-1997, SEC.2.
28-15-4-1. Depositors
Sec. 1. A person becomes a depositor when the person is accepted by the savings association. As added by P.L.193-1997, SEC.2.
28-15-4-2. Terms and Conditions
Sec. 2. The board of directors of a savings association may determine the terms and conditions of accepting deposits and making withdrawals. As added by P.L.193-1997, SEC.2.
28-15-4-3. Assessable Amount
Sec. 3. All deposit accounts in a mutual association are assessable only to the extent of their withdrawal value. As added by P.L.193-1997, SEC.2.
28-15-4-4. Eligible Investments for Trust Funds
Sec. 4. (a) Deposit accounts are eligible investments for trust funds administered by a savings association. (b) As a fiduciary, a savings association must comply with the provisions of IC 30-4-3-7. (c) A fiduciary has all rights and privileges of a member of a mutual savings association except the right to hold office or serve […]
28-15-5-1. Advance Notice
Sec. 1. A savings association may require advance notice of withdrawal. As added by P.L.193-1997, SEC.2.