Purchase and sale of collateralized mortgage obligations

Ind. Code § 28-6.1-10-8
in effect
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Sec. 8. (a) Subject to subsection (b), a savings bank may purchase for its own account and sell obligations, commonly known as collateralized mortgage obligations, that are eligible for purchase and sale by national banking associations. (b) A savings bank may purchase for its own account and sell the obligations only to the extent that a national banking association can purchase and sell those obligations. As added by P.L.42-1993, SEC.72.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/28Fetched: 10/17/2026

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