Sec. 29. (a) Pursuant to 12 U.S.C. 1831u(b)2(D), the statewide concentration limitation as provided for in 12 U.S.C. 1831u(b)2(B) may be waived by order of the department for a particular interstate merger transaction for good cause shown.
(b) When determining good cause for the purposes of this section, the department shall, at a minimum, consider the factors enumerated in IC 28-2-16-17(e).
As added by P.L.171-1996, SEC.36.
Structure Indiana Code
Title 28. Financial Institutions
Chapter 17. Interstate Bank Mergers
28-2-17-4. "Bank Holding Company" Defined
28-2-17-5. "Bank Supervisory Agency"
28-2-17-8. "Department" Defined
28-2-17-10. "Home State" Defined
28-2-17-11. "Home State Regulator" Defined
28-2-17-12. "Host State" Defined
28-2-17-13. "Indiana Bank" Defined
28-2-17-14. "Indiana State Bank" Defined
28-2-17-15. "Interstate Merger Transaction" Defined
28-2-17-16. "Out-of-State Bank" Defined
28-2-17-17. "Out-of-State State Bank" Defined
28-2-17-18. "Resulting Bank" Defined
28-2-17-20. Interstate Merger Transactions
28-2-17-21. Authority to Enter Into Transaction
28-2-17-22. Duties of Resulting Bank
28-2-17-24. Examination of Branch Operations
28-2-17-25. Enforcement Actions