Sec. 19. (a) The board of directors of a bank holding company that adopts a resolution under section 18(c) of this chapter may in that resolution or a subsequent resolution provide that all or a part of the trust business of an Indiana affiliate of the bank holding company may be conducted under an assumed business name specified in the resolution.
(b) A copy of the resolution must be:
(1) certified by the secretary or the assistant secretary of the bank holding company;
(2) filed with the department; and
(3) recorded in the county recorder's office:
(A) in each county in which an Indiana affiliate affected by the resolution maintains an office at which trust business is conducted under an assumed business name provided for in the resolution; and
(B) on or before the earlier of:
(i) thirty (30) days after the adoption of the resolution; or
(ii) the first day trust business is conducted in any county under the assumed business name provided for in the resolution.
As added by P.L.196-1991, SEC.1.
Structure Indiana Code
Title 28. Financial Institutions
Chapter 14. Indiana Bank Holding Companies
28-2-14-3. Bank Holding Company
28-2-14-10. Acquisitions of Banks and Bank Holding Companies
28-2-14-15. Exemption From Certain Requirements
28-2-14-16. Suit to Enjoin Conduct or for Damages by Injured Person; Suit by Department
28-2-14-19. Assumed Business Names; Bank Holding Companies; Resolutions