Sec. 5. (a) For purposes of this section, a bank or trust company that is not a member of the Federal Reserve System is subject to Sections 23A and 23B of the Federal Reserve Act (12 U.S.C. 371c or 371c-1) and Federal Reserve Regulation W (12 CFR 223) to the same extent and in the same manner as though it were a member of the Federal Reserve System.
(b) A violation of Section 23A or 23B of the Federal Reserve Act (12 U.S.C. 371c or 371c-1) or Federal Reserve Regulation W (12 CFR 223) by a bank or trust company or a subsidiary of either constitutes a violation of this section.
As added by P.L.33-1991, SEC.18. Amended by P.L.141-2005, SEC.8.
Structure Indiana Code
Title 28. Financial Institutions
Article 1. Department of Financial Institutions
Chapter 18.2. Examination of Affiliates
28-1-18.2-1. "Affiliate" Defined; Scope of Term
28-1-18.2-1.1. "Company" Defined
28-1-18.2-1.2. "Subsidiary" Defined
28-1-18.2-1.3. Control Over Another Company; Fiduciary Ownership or Control of Shares
28-1-18.2-4. Powers of Department; Assessment of Expenses; Penalty for Refusal to Permit Examination
28-1-18.2-5. Applicability of Certain Provisions of Federal Reserve Act and Regulations; Violations