Sec. 1. (a) A corporate fiduciary is prohibited from entering into any transaction that would be prohibited for a bank under IC 28-1-18.2.
(b) The department has the same:
(1) powers of investigation; and
(2) enforcement authority;
concerning corporate fiduciaries and their affiliates as the department has with respect to banks and their affiliates under IC 28-1-18.2.
As added by P.L.262-1995, SEC.90.
Structure Indiana Code
Title 28. Financial Institutions
Article 14. Corporate Fiduciaries
Chapter 7. Requirements and Prohibitions Applying to Corporate Fiduciaries
28-14-7-1. Prohibited Transactions; Investigatory and Enforcement Powers of Department
28-14-7-2. Statements of Condition
28-14-7-3. Violations; Penalties