Ind. Code § 5-1.4-9-4

Current through P.L. 171-2024

Section 5-1.4-9-4 - Insurance or guaranty for payment

The bank may obtain from a department or agency of the United States or a nongovernmental insurer available insurance or guaranty for the payment or repayment of interest or principal, or both, or any part of interest or principal, on bonds or notes issued by the bank or on securities purchased or held by the bank.

IC 5-1.4-9-4

As added by P.L. 42-1985, SEC.1.