Interest in Financial Subsidiaries Engaged in Financial Subsidiary Activities

  1. Law
  2. Indiana Code
  3. Financial Institutions
  4. Corporate Governance
  5. Financial Subsidiary Activities of Financial Institutions
  6. Interest in Financial Subsidiaries Engaged in Financial Subsidiary Activities

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Sec. 7. (a) Notwithstanding any other law, but subject to the provisions of this chapter, a financial institution may control or hold an interest in a financial subsidiary that engages in financial subsidiary activities.

(b) This section does not require an activity to be conducted through a financial subsidiary that is authorized to be conducted directly by the financial institution.

As added by P.L.63-2001, SEC.28 and P.L.134-2001, SEC.30.


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