Interest in financial subsidiaries engaged in financial subsidiary activities

Ind. Code § 28-13-17-7
in effect
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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.
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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