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2020 Indiana Code
Title 28. Financial Institutions
Article 8. Financial Services
Chapter 1. Bank Service Corporations
28-8-1-2. Authority of Two or More Banks and Trust Companies to Invest
Universal Citation:
IN Code § 28-8-1-2 (2020)
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Sec. 2. Any two (2) or more banks or trust companies may invest in a bank service corporation an amount not to exceed ten percent (10%) of the capital and surplus of each of them as defined in IC 28-1-1.
Formerly: Acts 1963, c.359, s.2. As amended by P.L.263-1985, SEC.202; P.L.213-2007, SEC.75; P.L.217-2007, SEC.73.
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