Ind. Code § 28-8-1-2

Current through P.L. 171-2024

Section 28-8-1-2 - Authority of two or more banks and trust companies to invest

Any two (2) or more banks or trust companies may invest in a bank service corporation an amount not to exceed ten percent (10%) of the capital and surplus of each of them as defined in IC 28-1-1.

IC 28-8-1-2

(Formerly: Acts 1963, c.359, s.2.) As amended by P.L. 263-1985, SEC.202; P.L. 213-2007, SEC.75; P.L. 217-2007, SEC.73.