This legal document, part of the Indiana Code, provides the definition and scope of the term ‘affiliate’ in the context of financial institutions. It also governs the concept of control over another company and fiduciary ownership or control of shares. The document specifies the requirements for banks and trust companies to furnish a statement of financial condition of their affiliates to the Department of Financial Institutions upon request. It outlines the powers of the Department of Financial Institutions in conducting examinations of affiliates of a bank or trust company.

This legal document, as part of the Indiana Code, pertains to the Department of Financial Institutions and its powers and duties. It specifically addresses the substantial compliance of financial institutions that issue unsecured credit cards (excluding debit cards) to Indiana borrowers with the federal Credit Card Accountability Responsibility and Disclosure Act of 2009. If the department receives credible evidence that a financial institution is not in substantial compliance, the director of the department must send a notice to the institution’s chief executive officer, describing the evidence and consequences of noncompliance.

This legal document governs the compliance of financial institutions, excluding licensees under IC 24-4.4, IC 24-4.5, or 750 IAC 9, with various money laundering laws and regulations. The financial institutions are required to comply with the Bank Secrecy Act, the USA Patriot Act of 2001, regulations established by the Financial Crimes Enforcement Network of the United States Department of the Treasury, federal money laundering statutes and regulations, and any other applicable state or federal money laundering statutes or regulations.

The provided legal document governs the compliance of financial institutions, excluding licensees under IC 24-4.4, IC 24-4.5, or 750 IAC 9, with various money laundering laws and regulations. The financial institutions are required to comply with the Bank Secrecy Act, the USA Patriot Act of 2001, regulations established by the Financial Crimes Enforcement Network of the United States Department of the Treasury, federal money laundering statutes and regulations, and any other applicable state or federal money laundering statutes or regulations.

The provided legal document content covers various aspects related to banks and trust companies in Indiana. It governs statements of account, dormant accounts, and service and maintenance charges. Depositors are required to exercise due diligence in examining their statements and notify the bank of any errors. Banks, savings banks, and trust companies are allowed to impose reasonable monthly service and maintenance charges on dormant and active accounts. The document also regulates transfers of debt, making them null and void if made after an act of insolvency or with the intention of preferential treatment of creditors.

This legal document, governed by the Indiana Code, specifically addresses the procedures for charter conversion of mutual or stock savings associations to commercial banks. The document outlines the requirements and steps that savings associations must follow for a successful charter conversion. These include preparing and submitting a plan of charter conversion to the Department of Financial Institutions, adoption of the plan by the board of directors, approval by the department, and obtaining the approval of the plan by the voting parties.

The legal document, as per the Indiana Code, requires foreign corporations to obtain a certificate of admission from the Department of Financial Institutions before conducting business in Indiana. The certificate of admission must be filed with the secretary of state. The document specifies that certain activities listed in IC 23-0.5-5-5(a) do not constitute transacting business within the meaning of the document, and isolated business transactions that are not regular, systematic, or continuing also do not fall under the scope of the document.

The provided legal document content pertains to the liquidation of financial institutions in Indiana. The documents outline the authority of the Department of Financial Institutions to take possession of the business and property of financial institutions under certain conditions, such as insolvency, unsafe or unsound condition, refusal to pay deposits or obligations, violation of court orders or regulations, or breach of fiduciary duties. The department is required to make a finding of such conditions and serve a certified copy of the finding to the financial institution’s executive officer, who must surrender possession to the department.

This legal document governs the procedures for converting a credit union to a mutual savings bank in the state of Indiana. It states that a credit union may convert to a mutual bank with the approval of the Department of Financial Institutions and, if required, the appropriate federal agency. The document outlines the procedures that must be followed for the conversion, including the preparation and submission of a conversion plan to the department.

This legal document, governed by the Indiana Code, specifically the Department of Financial Institutions, outlines the procedures for charter conversions of out-of-state financial institutions into commercial banks. The document states that the out-of-state financial institution must prepare and submit a plan of charter conversion to the department, which must include the terms and conditions required by the department. The plan must be adopted by a majority of the board of directors and approved by the department.