Section 28-1-23.5-4 - Electronic activities; statutory authorization; standards(a) The director may determine whether an electronic activity by a financial institution is permitted under: (1) IC 28-1-11, with respect to a bank;(2) IC 28-7-1, with respect to a credit union;(3) IC 28-6.1, with respect to a savings bank;(4) IC 28-15, with respect to a savings association; or(5) any other state statute that applies to a financial institution described in subdivisions (1) through (4).(b) The director may establish standards or conditions designed to ensure that the electronic activities of financial institutions are:(1) transacted as intended; and(2) conducted safely and soundly, in accordance with other applicable statutes, regulations, or supervisory policies.As added by P.L. 10-2006, SEC.32 and P.L. 57-2006, SEC.32.