Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 28-6-1-6-3 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 28 - Financial Institutions/
  5. Article 6.1 - Savings Banks/
  6. Chapter 6 - General Powers of A Savings Bank28-6.1-6-1. Discounting, Negotiating, Selling, and Guaranteeing Evidences of Debt/
  7. § 28-6-1-6-3
Indiana Legal Code

§ 28-6-1-6-3

Ask AI about this
(b) Subject to any regulation, rule, policy, or guidance adopted by the department, pursuant to its lending authority, a savings bank may engage directly or indirectly in any tax equity finance transaction permissible for a national bank or federal savings association under 12 CFR 7.1025. The authority to engage in tax equity finance transactions under this subsection is separate from, and does not limit, any investment authorities available to a savings bank. A tax equity finance transaction is subject to the substantive legal requirements of a loan, including, without limitation, IC 28-6.1-9.As added by P.L.42-1993, SEC.72. Amended by P.L.31-2022, SEC.3.