Ind. Code § 28-1-2-6

Current through P.L. 171-2024
Section 28-1-2-6 - Prudent conduct of business

Every financial institution to which this article is applicable shall conduct and transact its business in a safe and prudent manner; shall maintain such institution in a safe and solvent condition; and shall establish and maintain safe and sound methods for the conduct of such financial institution and its business and prudential affairs.

IC 28-1-2-6

Formerly: Acts 1933, c.40, s.9; Acts1971 , P.L. 394, SEC.6.