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Indiana Code Title 28. Financial Institutions § 28-11-5-2

Current as of January 02, 2024 | Updated by FindLaw Staff

Sec. 2. (a) A financial institution may not be organized, incorporated, or engage in business in Indiana until the department has approved the following:

(1) The articles of incorporation of the proposed financial institution.

(2) The organization and establishment of the financial institution in the city or town in which the incorporators propose to establish the financial institution.

(b) A person who violates this section commits a Class A misdemeanor.

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Cite this article: FindLaw.com - Indiana Code Title 28. Financial Institutions § 28-11-5-2 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-28-financial-institutions/in-code-sect-28-11-5-2/

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