reglab/housing_qa huggingface dataset:
IN Code § 28-2-16-2 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 16. Foreign Bank Holding Companies|28-2-16-2. "Bank"

Sec. 2. (a) As used in this chapter, "bank" means a financial institution:(1) that has been organized or reorganized under the laws of the United States, any state of the United States, or the District of Columbia; and(2) that:(A) is an "insured bank" (as defined in Section 3(h) of the Federal Deposit Insurance Act (12 U.S.C. 1813(h)) or is eligible to make application to become an insured depository institution under Section 5 of the Federal Deposit Insurance Act (12 U.S.C. 1815); or(B) is a stock savings bank that was formed as a result of conversion under IC 28, incorporated under IC 28-12, or organized or reorganized under the laws of any other state of the United States.(b) Except as provided in subsection (a)(2)(B), the term "bank" does not include:(1) any institution that has been or is chartered or regulated as a federal savings association or federal savings bank under Section 5 of the Home Owners Loan Act (12 U.S.C. 1464);(2) institutions of the "Farm Credit System" as described in 12 U.S.C. 2001 through 2260, which include the Farm Credit Banks, the Federal Land Bank Associations, the Production Credit Associations, the Banks for Cooperatives, and any other institution that may become a part of the Farm Credit System, as chartered by and subject to the supervision of the Farm Credit Administration; or(3) any other institution that has been organized or reorganized as a savings association, a credit union, or an industrial loan and investment company.As added by P.L.279-1987, SEC.9. Amended by P.L.33-1991, SEC.38; P.L.42-1993, SEC.67; P.L.122-1994, SEC.92; P.L.79-1998, SEC.64; P.L.27-2012, SEC.78.
IN Code § 28-2-16-3 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 16. Foreign Bank Holding Companies|28-2-16-3. "Bank Holding Company" Defined

Sec. 3. (a) As used in this chapter, "bank holding company" means any company that controls one (1) or more banks.(b) For the purposes of this chapter:(1) a company is not a bank holding company by virtue of its ownership or control of shares in a fiduciary capacity, unless the shares are held for the benefit of the shareholders of the company;(2) a company is not a bank holding company by virtue of its ownership or control of shares that are acquired by the company in connection with its underwriting of securities and that are held only for a period of time as will permit the sale of the shares on a reasonable basis;(3) a company formed for the sole purpose of participating in a proxy solicitation is not a bank holding company by virtue of its control of voting rights of shares acquired in the course of the solicitation; and(4) a company is not a bank holding company by virtue of its ownership or control of shares acquired in securing or collecting a debt previously contracted in good faith, until two (2) years after the date of acquisition.The department may extend, from time to time but for not more than one (1) year at a time, the two (2) year period referred to in subdivision (4), but the extensions may not, in the aggregate, exceed three (3) years.(c) For the purposes of this chapter, any successor to a bank holding company is a bank holding company from the date the predecessor company became a bank holding company.As added by P.L.279-1987, SEC.9.
IN Code § 28-2-16-4 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 16. Foreign Bank Holding Companies|28-2-16-4. "Bank Subsidiary" Defined

Sec. 4. As used in this chapter, "bank subsidiary" means a bank controlled by a bank holding company.As added by P.L.279-1987, SEC.9.
IN Code § 28-2-16-5 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 16. Foreign Bank Holding Companies|28-2-16-5. "Company" Defined

Sec. 5. As used in this chapter, "company" means any corporation, limited liability company, partnership, joint-stock company, business trust, voting trust, joint venture, association, or similar organization that has been organized or reorganized under the laws of the United States, any state of the United States, or the District of Columbia. The term may or may not include a bank holding company as the context indicates. The term does not include a bank.As added by P.L.279-1987, SEC.9. Amended by P.L.8-1993, SEC.447.
IN Code § 28-2-16-6 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 16. Foreign Bank Holding Companies|28-2-16-6. "Control" Defined

Sec. 6. As used in this chapter, "control" means directly or indirectly:(1) to own, control, or hold, with power to vote, twenty-five percent (25%) or more of the voting shares of a bank or company;(2) to control in any manner the election of a majority of the directors or trustees of a bank or company; or(3) to exercise a controlling influence over the management or policies of a bank or company, as determined by the Board of Governors of the Federal Reserve System after notice and opportunity for hearing.As added by P.L.279-1987, SEC.9.
IN Code § 28-2-16-7 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 16. Foreign Bank Holding Companies|28-2-16-7. "Department" Defined

Sec. 7. As used in this chapter, "department" refers to the department of financial institutions created under IC 28-11-1-1.As added by P.L.279-1987, SEC.9. Amended by P.L.33-1991, SEC.39.
IN Code § 28-2-16-8 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 16. Foreign Bank Holding Companies|28-2-16-8. "Deposits" Defined

Sec. 8. As used in this chapter, "deposits" has the meaning set forth in IC 28-2-14-8.As added by P.L.279-1987, SEC.9. Amended by P.L.33-1991, SEC.40.
IN Code § 28-2-16-9 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 16. Foreign Bank Holding Companies|28-2-16-9. "Foreign Bank Holding Company" Defined

Sec. 9. As used in this chapter, "foreign bank holding company" means a bank holding company that has its principal place of business in a state other than Indiana.As added by P.L.279-1987, SEC.9.
IN Code § 28-2-16-11 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 16. Foreign Bank Holding Companies|28-2-16-11. "Indiana Bank" Defined

Sec. 11. As used in this chapter, "Indiana bank" means a bank that has its principal office in Indiana.As added by P.L.279-1987, SEC.9.
IN Code § 28-2-16-12 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 16. Foreign Bank Holding Companies|28-2-16-12. "Indiana Bank Holding Company" Defined

Sec. 12. As used in this chapter, "Indiana bank holding company" means a bank holding company that has its principal place of business in Indiana.As added by P.L.279-1987, SEC.9.
IN Code § 28-2-16-13 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 16. Foreign Bank Holding Companies|28-2-16-13. "Indiana Bank Subsidiary" Defined

Sec. 13. As used in this chapter, "Indiana bank subsidiary" means an Indiana bank that is controlled by a bank holding company.As added by P.L.279-1987, SEC.9.
IN Code § 28-2-16-14 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 16. Foreign Bank Holding Companies|28-2-16-14. "Principal Place of Business" Defined

Sec. 14. For the purposes of this chapter, the "principal place of business" of a bank holding company is the state in which the total deposits of the bank subsidiaries of the bank holding company are the largest.As added by P.L.279-1987, SEC.9.
IN Code § 28-2-16-15 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 16. Foreign Bank Holding Companies|28-2-16-15. Acquisition of Financial Institutions

Sec. 15. Subject to the limitations of this chapter, a foreign bank holding company is entitled to acquire one (1) or more:(1) Indiana banks;(2) Indiana bank holding companies; or(3) foreign bank holding companies that have acquired one (1) or more Indiana banks;after approval by the department.As added by P.L.279-1987, SEC.9. Amended by P.L.33-1991, SEC.41; P.L.42-1993, SEC.68.
IN Code § 28-2-16-19 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 16. Foreign Bank Holding Companies|28-2-16-19. Foreign Bank Holding Company Acquisition of Indiana Bank or Bank Holding Company; Findings and Orders

Sec. 19. If the department accepts an application for processing under section 17 of this chapter, the department shall issue an order approving or disapproving the acquisition. The department shall include its findings of fact in the order. If the department holds a hearing under section 18 of this chapter, the findings of fact must include a finding that the terms and conditions of the acquisition and of the issuance and exchange of stock of the applicant for the stock of the Indiana bank or Indiana bank holding company proposed to be acquired are or are not fair and reasonable to the shareholders of the Indiana bank or Indiana bank holding company proposed to be acquired.As added by P.L.279-1987, SEC.9.
IN Code § 28-2-16-20 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 16. Foreign Bank Holding Companies|28-2-16-20. Qualification to Acquire Indiana Bank or Bank Holding Company; Divestiture Upon Ceasing to Qualify

Sec. 20. (a) Except as expressly permitted by federal law, a bank holding company that is not:(1) an Indiana bank holding company; or(2) a foreign bank holding company;may not acquire an Indiana bank or Indiana bank holding company.(b) An Indiana bank holding company that ceases to be an Indiana bank holding company, as defined in section 12 of this chapter, or a foreign bank holding company that ceases to be a foreign bank holding company, as defined in section 9 of this chapter, shall within three (3) years divest itself of all Indiana banks and Indiana bank holding companies. However, a foreign bank holding company or Indiana bank holding company may not be required to divest itself of its Indiana banks or bank holding companies because of:(1) its acquisition of institutions in another state, if the acquisition has been consummated under Section 116 or 123 of the Garn-St. Germain Depository Institutions Act of 1982 (12 U.S.C. 1730a(m) or 12 U.S.C. 1823(f));(2) its acquisition of securities or assets of a bank having banking offices in another state, if the acquisition has been consummated in the regular course of securing or collecting a debt previously contracted in good faith, and if the bank or bank holding company divests itself of the securities or assets acquired within three (3) years of the date of acquisition; or(3) its acquisition of:(A) a bank or company organized under the laws of the United States or of any state and operating under Section 25 or Section 25(a) of the Federal Reserve Act, as amended (12 U.S.C. 601 through 604a or 12 U.S.C. 611 through 631); or(B) a bank or bank holding company that was organized under the laws of a foreign country, that is principally engaged in business outside the United States, and that either has no banking office in the United States or has banking offices in the United States that are engaged only in business activities permissible for a bank or corporation operating under Section 25 or 25(a) of the Federal Reserve Act, as amended.As added by P.L.279-1987, SEC.9. Amended by P.L.33-1991, SEC.44.
IN Code § 28-2-16-21 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 16. Foreign Bank Holding Companies|28-2-16-21. Exemption From Ic 28-1-2-23

Sec. 21. (a) An acquisition by a foreign bank holding company of control of an Indiana bank or Indiana bank holding company is exempt from the requirements of IC 28-1-2-23 if the acquisition is made under this chapter.(b) If a bank will be:(1) acquired by a foreign bank holding company; and(2) immediately merged with or consolidated into another bank owned by the acquiring foreign bank holding company;the acquisition of the bank is exempt from the provisions of this chapter.As added by P.L.279-1987, SEC.9. Amended by P.L.262-1995, SEC.61.
IN Code § 28-2-16-22 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 16. Foreign Bank Holding Companies|28-2-16-22. Injunctions

Sec. 22. Any person, company, bank, or bank holding company that may be or has been injured by reason of any conduct that constitutes or will constitute a violation of this chapter by any company or bank holding company may sue the company or bank holding company to enjoin the conduct or for damages, together with the costs of suit, including reasonable attorney's fees. In addition, the department may sue to enjoin any conduct that constitutes or will constitute a violation of this chapter, or to require divestiture of any bank or bank holding company acquired in violation of this chapter.As added by P.L.279-1987, SEC.9.
IN Code § 28-2-16-23 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 16. Foreign Bank Holding Companies|28-2-16-23. Cooperation With Other Financial Institutions' Regulatory Agencies

Sec. 23. The department may enter into cooperative agreements and pay for necessary services with other financial institutions' regulatory agencies to facilitate the regulation of banks, corporate fiduciaries, and bank holding companies doing business in this state. The department may accept reports of examinations and other records from those other agencies instead of conducting its own examinations of corporate fiduciaries with offices in other states or banks controlled by bank holding companies located in other states. The department may take any action jointly with other regulatory agencies having concurrent jurisdiction over banks, corporate fiduciaries, and bank holding companies doing business in this state or may take actions independently in order to carry out its responsibilities.As added by P.L.279-1987, SEC.9. Amended by P.L.262-1995, SEC.62.
IN Code § 28-2-16-25 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 16. Foreign Bank Holding Companies|28-2-16-25. Rules

Sec. 25. The department may adopt rules under IC 4-22-2 to implement this chapter.As added by P.L.279-1987, SEC.9.
IN Code § 28-2-17-1 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 17. Interstate Bank Mergers|28-2-17-1. Purpose of Chapter

Sec. 1. It is the intent of this chapter to permit interstate branching by merger under Section 102 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 (P.L. 103-328) in accordance with the provisions set forth in this chapter.As added by P.L.171-1996, SEC.36.
IN Code § 28-2-17-2 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 17. Interstate Bank Mergers|28-2-17-2. Definitions

Sec. 2. The definitions set forth in sections 3 through 19 of this chapter apply throughout this chapter, unless a different meaning is required by the context.As added by P.L.171-1996, SEC.36.
IN Code § 28-2-17-3 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 17. Interstate Bank Mergers|28-2-17-3. "Bank" Defined

Sec. 3. (a) Except as provided in subsection (b), as used in this chapter, "bank" has the meaning set forth in 12 U.S.C. 1813(h).(b) Except as provided in subsection (c), the term "bank" does not include any foreign bank (as defined in 12 U.S.C. 3101(7)).(c) The term "bank" includes any foreign bank organized or reorganized under the laws of a territory of the United States, Puerto Rico, Guam, American Samoa, or the Virgin Islands, the deposits of which are insured by the Federal Deposit Insurance Corporation.As added by P.L.171-1996, SEC.36.
IN Code § 28-2-17-4 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 17. Interstate Bank Mergers|28-2-17-4. "Bank Holding Company" Defined

Sec. 4. As used in this chapter, "bank holding company" has the meaning set forth in 12 U.S.C. 1841(a)(1).As added by P.L.171-1996, SEC.36.
IN Code § 28-2-17-5 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 17. Interstate Bank Mergers|28-2-17-5. "Bank Supervisory Agency"

Sec. 5. As used in this chapter, "bank supervisory agency" means:(1) any agency of another state with primary responsibility for organizing and supervising banks; and(2) the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, and any successor to these agencies.As added by P.L.171-1996, SEC.36. Amended by P.L.27-2012, SEC.79.
IN Code § 28-2-17-6 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 17. Interstate Bank Mergers|28-2-17-6. "Branch" Defined

Sec. 6. As used in this chapter, "branch" has the meaning set forth in IC 28-2-13-7.As added by P.L.171-1996, SEC.36.
IN Code § 28-2-17-7 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 17. Interstate Bank Mergers|28-2-17-7. "Control" Defined

Sec. 7. As used in this chapter, "control" shall be construed consistently with the provisions of 12 U.S.C. 1841(a)(2).As added by P.L.171-1996, SEC.36.
IN Code § 28-2-17-8 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 17. Interstate Bank Mergers|28-2-17-8. "Department" Defined

Sec. 8. As used in this chapter, "department" refers to the department of financial institutions.As added by P.L.171-1996, SEC.36.
IN Code § 28-2-17-9 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 17. Interstate Bank Mergers|28-2-17-9. "Director" Defined

Sec. 9. As used in this chapter, "director" refers to the director of the department.As added by P.L.171-1996, SEC.36.
IN Code § 28-2-17-10 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 17. Interstate Bank Mergers|28-2-17-10. "Home State" Defined

Sec. 10. As used in this chapter, "home state" means the following:(1) With respect to a state bank, the state under the laws of which the bank is organized or reorganized.(2) With respect to a national bank, the state in which the main office of the bank is located.(3) With respect to a foreign bank, the state determined to be the home state of the foreign bank under 12 U.S.C. 3103(c).As added by P.L.171-1996, SEC.36.
IN Code § 28-2-17-11 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 17. Interstate Bank Mergers|28-2-17-11. "Home State Regulator" Defined

Sec. 11. As used in this chapter, "home state regulator" means, with respect to an out-of-state state bank, the bank supervisory agency of the state in which the bank is organized or reorganized.As added by P.L.171-1996, SEC.36.
IN Code § 28-2-17-12 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 17. Interstate Bank Mergers|28-2-17-12. "Host State" Defined

Sec. 12. As used in this chapter, "host state" means a state, other than the home state of a bank, in which the bank:(1) maintains; or(2) seeks to establish and maintain;a branch.As added by P.L.171-1996, SEC.36.
IN Code § 28-2-17-13 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 17. Interstate Bank Mergers|28-2-17-13. "Indiana Bank" Defined

Sec. 13. As used in this chapter, "Indiana bank" means a bank whose home state is Indiana.As added by P.L.171-1996, SEC.36.
IN Code § 28-2-17-14 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 17. Interstate Bank Mergers|28-2-17-14. "Indiana State Bank" Defined

Sec. 14. As used in this chapter, "Indiana state bank" means a bank organized or reorganized under the laws of Indiana.As added by P.L.171-1996, SEC.36.
IN Code § 28-2-17-15 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 17. Interstate Bank Mergers|28-2-17-15. "Interstate Merger Transaction" Defined

Sec. 15. As used in this chapter, "interstate merger transaction" means:(1) the merger or consolidation of banks with different home states, and the conversion of branches of any bank involved in the merger or consolidation into branches of the resulting bank; or(2) the purchase of all the assets (including all of the branches) of a bank whose home state is different from the home state of the acquiring bank that results in the dissolution of the selling bank.As added by P.L.171-1996, SEC.36.
IN Code § 28-2-17-16 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 17. Interstate Bank Mergers|28-2-17-16. "Out-of-State Bank" Defined

Sec. 16. As used in this chapter, "out-of-state bank" means a bank whose home state is a state other than Indiana.As added by P.L.171-1996, SEC.36.
IN Code § 28-2-17-17 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 17. Interstate Bank Mergers|28-2-17-17. "Out-of-State State Bank" Defined

Sec. 17. As used in this chapter, "out-of-state state bank" means a bank organized or reorganized under the laws of any state other than Indiana.As added by P.L.171-1996, SEC.36.
IN Code § 28-2-17-18 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 17. Interstate Bank Mergers|28-2-17-18. "Resulting Bank" Defined

Sec. 18. As used in this chapter, "resulting bank" means a bank that has resulted from an interstate merger transaction under this chapter.As added by P.L.171-1996, SEC.36.
IN Code § 28-2-17-19 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 17. Interstate Bank Mergers|28-2-17-19. "State" Defined

Sec. 19. As used in this chapter, "state" means any of the following:(1) Any state of the United States.(2) The District of Columbia.(3) Puerto Rico.(4) Guam.(5) American Samoa.(6) The Trust Territory of the Pacific Islands.(7) The Virgin Islands.(8) The Northern Mariana Islands.(9) Any territory of the United States.As added by P.L.171-1996, SEC.36.
IN Code § 28-2-17-20 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 17. Interstate Bank Mergers|28-2-17-20. Interstate Merger Transactions

Sec. 20. (a) With the prior written approval of the department, an Indiana state bank may establish, maintain, and operate one (1) or more branches in a state other than Indiana pursuant to an interstate merger transaction in which the Indiana state bank is the resulting bank.(b) Not later than the date on which the required application for the interstate merger transaction is filed with the appropriate federal bank supervisory agency, the applicant Indiana state bank shall file an application with the department on a form prescribed by the director.(c) An interstate merger transaction must be done in compliance with:(1) IC 28-1-7;(2) IC 28-1-8; or(3) IC 28-3-2.(d) An interstate merger transaction may be consummated only after the applicant has received the written approval of the department. The department has the authority to establish terms, conditions, and time frames by which the transaction may be consummated.(e) A savings association or an industrial loan and investment company organized or reorganized under the laws of Indiana may engage in an interstate merger transaction to the same extent and under the same restrictions, conditions, and requirements as an Indiana state bank.As added by P.L.171-1996, SEC.36. Amended by P.L.79-1998, SEC.65.
IN Code § 28-2-17-21 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 2. Banks|Chapter 17. Interstate Bank Mergers|28-2-17-21. Authority to Enter Into Transaction

Sec. 21. If the conditions and filing requirements of this chapter are met:(1) one (1) or more Indiana banks may enter into an interstate merger transaction with one (1) or more out-of-state banks under this chapter; and(2) an out-of-state bank resulting from a transaction referred to in subdivision (1) may maintain and operate the branches in Indiana of an Indiana bank that participated in the transaction.As added by P.L.171-1996, SEC.36.