CHAPTER 9. FORMATION OF AND INVESTMENT IN SERVICE CORPORATIONS
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Chapter 9. Formation of and Investment in Service Corporations
IC 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.
IC 28-15-9-2
Notice of establishment or acquisition of or new activity through
service corporation
Sec. 2. A savings association shall notify the department:
(1) not less than thirty (30) days before the establishment or
acquisition of any service corporation; and
(2) not less than thirty (30) days before the commencement of
any new activity through a service corporation.
As added by P.L.193-1997, SEC.2.