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General Powers of a Savings Bank
Law
Indiana Code
Financial Institutions
Savings Banks
General Powers of a Savings Bank
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Section
28-6.1-6-1
Discounting, Negotiating, Selling, and Guaranteeing Evidences of Debt
Section
28-6.1-6-2
Buying and Selling Exchange, Coin, and Bullion
Section
28-6.1-6-3
Loaning Money
Section
28-6.1-6-4
Borrowing Money
Section
28-6.1-6-5
Receiving Savings and Demand Deposits
Section
28-6.1-6-6
Receiving Deposits of Securities and Personal Property
Section
28-6.1-6-7
Contracting for and Receiving Highest Rate of Interest
Section
28-6.1-6-8
Accepting Drafts for Future Payment; Issuing Letters of Credit
Section
28-6.1-6-9
Exercising General Banking Powers; Issuing Money
Section
28-6.1-6-10
Receiving Deposits of State and Federal Public Funds
Section
28-6.1-6-11
Acting as Fiscal or Transfer Agent of Government Bodies
Section
28-6.1-6-12
Transferring, Registering, and Countersigning Certificates of Stock, Bonds, and Other Evidences of Indebtedness
Section
28-6.1-6-13
Acting as Agent to Buy and Sell Transportation
Section
28-6.1-6-14
Soliciting and Writing Insurance; Acting as Insurance Producer for Life Insurance or Annuity; Prohibitions; Authority to Purchase and Hold Life Insurance
Section
28-6.1-6-15
Acting as Attorney
Section
28-6.1-6-16
Receiving Personal Property for Deposit
Section
28-6.1-6-17
Acting Under Court Appointment
Section
28-6.1-6-18
Acting in Probate
Section
28-6.1-6-19
Acting as Guardian, Trustee, or Personal Representative
Section
28-6.1-6-20
Taking, Accepting, and Executing Trusts
Section
28-6.1-6-21
Acting in Fiduciary Capacity
Section
28-6.1-6-22
Receiving Fees, Commissions, Gifts, and Things of Value
Section
28-6.1-6-22.5
Profit or Commission on Sales or Purchases; Necessity of Specific Authorization; Surcharge
Section
28-6.1-6-23
Requesting Mergers, Consolidations, and Joinings
Section
28-6.1-6-24
Request to Exercise Rights and Privileges Granted to National Banks; Appeal
Section
28-6.1-6-25
Requirement to Provide Property Tax Information in Certain Transactions
Section
28-6.1-6-26
Authorization for Savings Banks to Use Fiduciary Funds in Conflict of Interest Transactions; Conditions; Notice; Required Consent