Sec. 15. Subject to the limitations of this chapter, a foreign bank holding company is entitled to acquire one (1) or more:
(1) Indiana banks;
(2) Indiana bank holding companies; or
(3) foreign bank holding companies that have acquired one (1) or more Indiana banks;
after approval by the department.
As added by P.L.279-1987, SEC.9. Amended by P.L.33-1991, SEC.41; P.L.42-1993, SEC.68.
Structure Indiana Code
Title 28. Financial Institutions
Chapter 16. Foreign Bank Holding Companies
28-2-16-3. "Bank Holding Company" Defined
28-2-16-4. "Bank Subsidiary" Defined
28-2-16-7. "Department" Defined
28-2-16-9. "Foreign Bank Holding Company" Defined
28-2-16-11. "Indiana Bank" Defined
28-2-16-12. "Indiana Bank Holding Company" Defined
28-2-16-13. "Indiana Bank Subsidiary" Defined
28-2-16-14. "Principal Place of Business" Defined
28-2-16-15. Acquisition of Financial Institutions
28-2-16-21. Exemption From Ic 28-1-2-23
28-2-16-23. Cooperation With Other Financial Institutions' Regulatory Agencies