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§ 28-2-14-19 — Indiana Law | CourtGPT
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  2. Laws/
  3. Indiana/
  4. Title 28 - Financial Institutions/
  5. Article 2 - Banks/
  6. Chapter 14 - Indiana Bank Holding Companies28-2-14-1. Acquire/
  7. § 28-2-14-19
Indiana Legal Code

§ 28-2-14-19

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(a) The board of directors of a bank holding company that adopts a resolution under section 18(c) of this chapter may in that resolution or a subsequent resolution provide that all or a part of the trust business of an Indiana affiliate of the bank holding company may be conducted under an assumed business name specified in the resolution.(b) A copy of the resolution must be:(1) certified by the secretary or the assistant secretary of the bank holding company;(2) filed with the department; and(3) recorded in the county recorder's office:(A) in each county in which an Indiana affiliate affected by the resolution maintains an office at which trust business is conducted under an assumed business name provided for in the resolution; and(B) on or before the earlier of:(i) thirty (30) days after the adoption of the resolution; or(ii) the first day trust business is conducted in any county under the assumed business name provided for in the resolution.As added by P.L.196-1991, SEC.1.