Sec. 9. A savings bank may extend credit to an officer, a director, a trustee, or a principal shareholder in accordance with the restrictions and provisions of Regulation O of the Board of Governors of the Federal Reserve System (12 CFR 215).
As added by P.L.42-1993, SEC.72.
Structure Indiana Code
Title 28. Financial Institutions
Chapter 9. Lending Limitations of Savings Banks
28-6.1-9-1. "Capital and Surplus" and "Unimpaired Capital and Surplus" Defined
28-6.1-9-2. Loans and Extensions of Credit
28-6.1-9-6. Exceptions to Lending Limitations
28-6.1-9-8. Special Limits for Obligations Secured by Livestock or Dairy Cattle
28-6.1-9-9. Extensions of Credit to Officers, Directors, Trustees, and Principal Shareholders
28-6.1-9-10. Loans or Discounts on Security and Purchase or Holding of Bank's Own Capital Stock
28-6.1-9-11. Conformity With Lending Limitations; Sanctions
28-6.1-9-14. Application of Federal Regulations
28-6.1-9-15. Receiving Fees, Commissions, Gifts, or Things of Value; Violation