Sec. 5. A savings bank may not underwrite or guarantee all or a part of an issue of securities other than obligations issued or guaranteed by or on behalf of the state, a political subdivision of the state, or an agency or instrumentality of the state or of a political subdivision.
As added by P.L.42-1993, SEC.72.
Structure Indiana Code
Title 28. Financial Institutions
Chapter 10. Savings Banks Dealing in Investment Securities
28-6.1-10-1. Application of Limitations
28-6.1-10-2. Total Equity Capital
28-6.1-10-3. Dealing Requirements
28-6.1-10-4. Dealings for Bank's Own Account
28-6.1-10-5. Underwriting or Guaranteeing Issues of Securities
28-6.1-10-7. Purchase and Sale of Government Chartered Small Business Investment Company Stock
28-6.1-10-8. Purchase and Sale of Collateralized Mortgage Obligations
28-6.1-10-9. Purchase and Sale of Nonsubsidiary Corporation Stock
28-6.1-10-10. Purchase and Holding of Banker's Bank Stock
28-6.1-10-11. Investments in Casualty Insurance Companies
28-6.1-10-12. Establishment and Acquisition of Subsidiaries
28-6.1-10-13. Establishment of Trading Accounts