Ind. Code § 28-6.1-8-9

Current through P.L. 171-2024

Section 28-6.1-8-9 - Investing in and selling shares of open-end investment companies

A savings bank may invest the money deposited in the savings bank in and sell shares of open-end investment companies, the portfolios of which consist solely of securities eligible for purchase and sale by national banking associations, on terms and conditions prescribed by federal law or regulation for national banking associations.

IC 28-6.1-8-9

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