Ind. Code § 28-6.1-8-10

Current through P.L. 171-2024

Section 28-6.1-8-10 - Depositing funds; permissible institutions and accounts

A savings bank may deposit its funds in:

(1) a federally chartered savings association; or

(2) a savings association or other entity organized and operated according to federal law or the laws of a state or the District of Columbia;

the accounts of which are insured by the Federal Deposit Insurance Corporation.

IC 28-6.1-8-10

Amended by P.L. 89-2011, SEC. 45, eff. 7/1/2011.

As added by P.L. 42-1993, SEC.72. Amended by P.L. 79-1998, SEC.72.