Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 28-6-1-7-7 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 28 - Financial Institutions/
  5. Article 6.1 - Savings Banks/
  6. Chapter 7 - Powers of A Savings Bank Subject to the Rules of the Department28-6.1-7-1. Application of Rules/
  7. § 28-6-1-7-7
Indiana Legal Code

§ 28-6-1-7-7

Ask AI about this
Subject to any restrictions the department may impose, a savings bank may:(1) become the owner or lessor of personal or real property upon the request of and for the use of a customer; and(2) incur additional obligations incident to becoming an owner or a lessor of the property.As added by P.L.42-1993, SEC.72. Amended by P.L.11-1998, SEC.11.