Sec. 7. With the consent and approval of the department, any bank or trust company may become associated with any organization or association of banks and trust companies, whether state or national, or both, if such organization or association is formed pursuant to federal legislation which confers on banks or trust companies in this state the privilege of participating in such organization or association, and the purposes thereof are not inconsistent with any law of this state.
Formerly: Acts 1933, c.40, s.249.
Structure Indiana Code
Title 28. Financial Institutions
Article 1. Department of Financial Institutions
Chapter 20. General Provisions Concerning Banks and Trust Companies
28-1-20-1.1. Statements of Account; Dormant Accounts; Service and Maintenance Charges
28-1-20-3. Insolvency; Void Transfers
28-1-20-5. Depositors; Withdrawal of Deposits
28-1-20-6. Loans; Misrepresenting Age; Estoppel by Representation
28-1-20-7. Associations of Banks and Trust Companies; Authority to Join