Indiana Code
Chapter 5. Department Oversight of Organization of a Financial Institution
28-11-5-4.5. Background Checks; Fingerprints

Sec. 4.5. (a) To obtain additional information for the purposes of section 4 of this chapter, the director may require:
(1) criminal background checks, including a national criminal history background check (as defined in IC 10-13-3-12) by the Federal Bureau of Investigation;
(2) credit histories; and
(3) other background checks considered necessary by the director;
for any incorporator, director, principal shareholder, or officer of a proposed financial institution.
(b) If the director requests a national criminal history background check under subsection (a) for any individual described in subsection (a), the director shall require the individual to submit fingerprints to the department or to the state police department, as appropriate. The individual to whom the request is made shall pay any fees or costs associated with the fingerprints and the national criminal history background check. A national criminal history background check conducted under subsection (a) may be used by the department to:
(1) conduct an investigation under section 4(a)(1) or 4(a)(2) of this chapter; or
(2) disapprove an application under section 4(b)(2) of this chapter.
The director or the department may not release the results of the national criminal history background check to any private entity.
As added by P.L.192-1997, SEC.25. Amended by P.L.90-2008, SEC.75.

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