Sec. 23. A branch of an out-of-state bank may not be established in Indiana under this chapter unless the out-of-state bank:
(1) confirms in writing to the department that it will comply with all applicable laws of Indiana as long as it maintains a branch in Indiana; and
(2) provides satisfactory evidence to the department of compliance with the applicable requirements of IC 28-1-22.
As added by P.L.171-1996, SEC.37.
Structure Indiana Code
Title 28. Financial Institutions
Chapter 18. Interstate Bank Branching
28-2-18-3. "Acquisition of a Branch" Defined
28-2-18-5. "Bank Holding Company" Defined
28-2-18-6. "Bank Supervisory Agency"
28-2-18-9. "Department" Defined
28-2-18-10. "De Novo Branch" Defined
28-2-18-11. "Director" Defined
28-2-18-12. "Home State" Defined
28-2-18-13. "Home State Regulator" Defined
28-2-18-14. "Host State" Defined
28-2-18-15. "Indiana State Bank" Defined
28-2-18-16. "Out-of-State Bank" Defined
28-2-18-17. "Out-of-State State Bank" Defined
28-2-18-20. Powers of Out-of-State Bank; De Novo Branch
28-2-18-21. Powers of Out-of-State Bank; Acquisition of Branch
28-2-18-22. Notice of Proposed Transaction
28-2-18-23. Conditions of Establishment
28-2-18-25. Examination of Branch Operations
28-2-18-26. Enforcement Actions