Sec. 4. "Depository financial institution" means a bank, a bank or trust company, a credit union, an industrial loan and investment company, a savings bank, or a savings association, whether chartered, incorporated, licensed, or organized under Indiana law or the law of the United States that:
(1) does business in Indiana; and
(2) is insured by the Federal Deposit Insurance Corporation, the National Credit Union Administration, or an alternate share insurer.
[Pre-2004 Recodification Citation: 33-20-3-4.]
As added by P.L.98-2004, SEC.23. Amended by P.L.89-2011, SEC.77.