Statutes, codes, and regulations
Indiana Code
Title 28 - FINANCIAL INSTITUTIONSArticle 1 - DEPARTMENT OF FINANCIAL INSTITUTIONS
Chapter 23.5 - ELECTRONIC ACTIVITY BY FINANCIAL INSTITUTIONS
Section 28-1-23.5-9 - Performing authorized or required activities through electronic means

Ind. Code § 28-1-23.5-9

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Current through P.L. 171-2024
Section 28-1-23.5-9 - Performing authorized or required activities through electronic means

A financial institution may perform, provide, or deliver through electronic means or facilities any activity, function, product, or service that it is otherwise authorized or required to perform, provide, or deliver by nonelectronic means or facilities, subject to the following:

(1) The approval of the customer or member to or for whom the activity, function, product, or service is performed, provided, or delivered.
(2) The:
(A) safety and soundness requirements; and
(B) state or federal supervisory guidance;

that the director would apply if the activity were conducted by nonelectronic means or facilities.

IC 28-1-23.5-9

As added by P.L. 10-2006, SEC.32 and P.L. 57-2006, SEC.32.