This section of the Indiana Code governs the powers and duties of corporate fiduciaries regarding loans. It authorizes corporate fiduciaries to lend money and hold real and personal property as security for loan repayment, subject to certain conditions. Corporate fiduciaries are allowed to make loans to fiduciary accounts they administer, as long as the governing document does not prohibit borrowing money and pledging account assets. The terms of such loans must be comparable to those available from other lenders.

The provided legal document content governs the establishment and operation of branches by state banks in Indiana. It defines key terms such as ‘acquired bank’, ‘acquiring bank’, ‘affiliate’, ‘automated teller machine’, ‘bank’, ‘branch’, ‘branch by acquisition’, ‘branch de novo’, ‘company’, ‘control’, ‘department’, ‘foreign bank’, ‘Indiana affiliate’, ‘Indiana bank’, and ‘state bank’. The document outlines the conditions and requirements for state banks to establish branches de novo or by acquisition within Indiana.

This legal document, governed by the Indiana Code, specifically under the section on Indiana Bank Holding Companies, outlines the process and requirements for companies or bank holding companies seeking to acquire a bank or bank holding company. The document states that the acquiring company must file an application for approval with the department, which may accept the application, request additional information, or return the application if it is incomplete. Upon acceptance, the department conducts an investigation into the condition of the applicant and the bank or bank holding company proposed to be acquired.

This legal document, governed by the Indiana Code, specifically under the Financial Institutions section related to banks, outlines the process and requirements for a foreign bank holding company to acquire an Indiana bank or Indiana bank holding company. The document states that the foreign bank holding company must file an application for approval with the department, which will then conduct an investigation into the condition of the applicant and the bank or bank holding company proposed to be acquired.

This legal provision in the Indiana Code allows banks, trust companies, corporate fiduciaries, and national banking associations incorporated under the laws of Indiana to register and hold stocks, bonds, or other securities in the name of a nominee or nominees when acting in a fiduciary capacity. The provision requires consent from the co-fiduciary if acting as a co-fiduciary. The fiduciary must maintain clear records of the ownership of the securities and retain possession and control over the investments.

The provided legal document content pertains to Fiduciary Bonds in the state of Indiana. It states that banks, trust companies, and corporate fiduciaries organized under the laws of Indiana or the United States of America, and operating within Indiana, are not required to file certain bonds while acting in a fiduciary capacity in any estate, trust, receivership, action, matter, or proceeding pending in Indiana courts. These bonds include those for the full performance of duties, accounting for funds or property, or any other purpose.

The provided legal document content pertains to the liquidation of banks in the state of Indiana. According to the Indiana Code, when the directors of a bank wish to liquidate the bank, they must file a petition with the department of financial institutions for authorization. If two-thirds of the capital stock owners vote in favor of the liquidation, the department will enter an order directing the liquidation of the bank. The officers of the bank are then required to proceed with the liquidation, starting with the payment of all depositors in full.

This legal document, found in the Indiana Code, governs the conversion, merger, and consolidation of banks and trust companies with national banking associations. It states that any bank or trust company in Indiana may convert into, merge, or consolidate with a national banking association, subject to the applicable provisions of IC 28-2-13 or IC 28-2-17. The document clarifies that no approval from any officer, department, or agency of the state is required for such conversions, mergers, or consolidations.

The provided legal document content defines various terms and concepts related to mutual savings bank holding companies. It covers definitions for terms such as ‘Acquiree savings bank’, ‘Affiliate’, ‘Associate’, ‘Company’, ‘Control’, ‘Default’, ‘Director’, ‘FDIC’, ‘Federal mutual holding company’, ‘Member’, ‘Mutual holding company’, ‘Mutual savings bank’, ‘Parent’, ‘Person’, ‘Reorganization plan’, ‘Reorganizing savings bank’, ‘Resulting savings bank’, ‘Savings association’, ‘Stock’, ‘Stock benefit plan’, ‘Stock issuance plan’, ‘Stock savings bank’, ‘Subsidiary’, and ‘Voting parties’.

The provided legal document content pertains to the conservatorship of credit unions in Indiana. It outlines the powers and obligations of a conservator appointed under this chapter. The conservator is responsible for taking possession of the books, records, and assets of the credit union and conserving its assets for the benefit of the members, depositors, and other creditors. The conservator is required to give a bond or security as determined by the department.