Establishment and acquisition of subsidiaries

Ind. Code § 28-6.1-10-12
in effect
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Sec. 12. A savings bank may establish or acquire a subsidiary that engages in either of the following: (1) The sale, distribution, or underwriting of securities issued by investment companies (as defined in Section 3 of the Investment Company Act of 1940 (15 U.S.C. 80a-3)). (2) The underwriting or distribution of securities backed by or representing an interest in mortgages. 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