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§ 28-1-3-1-15 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 28 - Financial Institutions/
  5. Article 1 - Department of Financial Institutions/
  6. Chapter 3.1 - Liquidation of Financial Institutions28-1-3.1-1. Definitions/
  7. § 28-1-3-1-15
Indiana Legal Code

§ 28-1-3-1-15

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The receiver may, within ten (10) years after any cause of action has accrued against any of the directors, trustees, officers, owners, or employees of any closed financial institution, institute and maintain, in the name of the receiver, any action or proceeding for the enforcement of any right, demand, or claim that is vested in the financial institution or in the shareholders or creditors of the financial institution.As added by P.L.141-1984, SEC.2.