28-2-18-19. Establishment of De Novo Branch or Acquisition of Branch in Another State; Application; Approval or Disapproval by Department; Location; Savings Associations and Industrial Loan and Investment Companies; Exemption From Approval Requirements
Sec. 19. (a) With the prior written approval of the department, any Indiana state bank may establish and maintain a de novo branch or acquire a branch in a state other than Indiana. (b) An Indiana state bank that desires to: (1) establish one (1) or more de novo branches; or (2) acquire one (1) […]
28-2-18-20. Powers of Out-of-State Bank; De Novo Branch
Sec. 20. An out-of-state bank that meets the requirements of this chapter may establish and maintain a de novo branch in Indiana. As added by P.L.171-1996, SEC.37.
28-2-18-21. Powers of Out-of-State Bank; Acquisition of Branch
Sec. 21. An out-of-state bank that meets the requirements of this chapter may establish and maintain a branch in Indiana through the acquisition of a branch. As added by P.L.171-1996, SEC.37.
28-2-18-22. Notice of Proposed Transaction
Sec. 22. An out-of-state bank that desires to: (1) establish and maintain a de novo branch; or (2) acquire a branch in Indiana pursuant to this chapter; shall provide written notice of the proposed transaction to the department not later than the date on which the bank applies to the responsible federal bank supervisory agency […]
28-2-18-23. Conditions of Establishment
Sec. 23. A branch of an out-of-state bank may not be established in Indiana under this chapter unless the out-of-state bank: (1) confirms in writing to the department that it will comply with all applicable laws of Indiana as long as it maintains a branch in Indiana; and (2) provides satisfactory evidence to the department […]
28-2-18-24. Authorized Activities; Acquisition of Additional Branches; Investigation; Provisions and Fees
Sec. 24. (a) An out-of-state state bank that establishes and maintains one (1) or more branches in Indiana under this chapter may conduct at the branch or branches only those activities that are expressly authorized under the laws of Indiana for Indiana state banks. (b) An Indiana state bank may conduct any activities at any […]
28-2-18-25. Examination of Branch Operations
Sec. 25. (a) To the extent consistent with subsection (b), the department may make examinations of any branch established and maintained in Indiana pursuant to this chapter by an out-of-state state bank as the department may consider necessary to determine whether the branch is being operated in compliance with the laws of Indiana and in […]
28-2-18-26. Enforcement Actions
Sec. 26. (a) If the department determines that a branch maintained by an out-of-state state bank in Indiana is being operated: (1) in violation of any provision of Indiana law relating to activities of a bank; or (2) in an unsafe and unsound manner; the department may take all enforcement actions it would be empowered […]
28-2-18-27. Rules
Sec. 27. The department may adopt policies or adopt rules under IC 4-22-2 it determines necessary or appropriate to implement this chapter. As added by P.L.171-1996, SEC.37.
28-2-18-28. Notice of Actions Causing a Change of Control
Sec. 28. Each out-of-state state bank that has established and maintains a branch in Indiana pursuant to this chapter, or the home state regulator of the bank, shall give at least thirty (30) days prior written notice, or shorter notice as is consistent with applicable state or federal law, to the department of any merger, […]