# Ind. Code § 28-2-14-10: Acquisitions of banks and bank holding companies

> Indiana · Statutes · Repealed

URL: https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A2_C14_S28-2-14-10

## Section

- **Citation:** Ind. Code § 28-2-14-10
- **Heading:** Acquisitions of banks and bank holding companies
- **Jurisdiction:** Indiana
- **Kind:** Statutes
- **Status:** Repealed
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Indiana Code / Title 28 / Article 2 / Chapter 14 / Section 28-2-14-10

## Text

Sec. 10. (a) Subject to the limitations provided in section 12 of this chapter and in IC 28-2-15-22(a) (repealed July 1, 1992) or IC 28-2-16-20(a), and after approval by the department:

(1) any bank holding company that has its principal office in Indiana is entitled to acquire one (1) or more banks or bank holding companies; and

(2) any company that has its principal office in Indiana is entitled to acquire two (2) or more banks or bank holding companies.

(b) Except as expressly permitted by this chapter and IC 28-2-13-19:

(1) a bank holding company that has its principal office in Indiana may not acquire a bank or a bank holding company; and

(2) a company that has its principal office in Indiana may not acquire two (2) or more banks or bank holding companies.

As added by P.L.265-1985, SEC.4. Amended by P.L.36-1987, SEC.11; P.L.3-1990, SEC.102; P.L.33-1991, SEC.30; P.L.42-1993, SEC.65.

## Nearby sections

- [Ind. Code § 28-2-14-1 Acquire](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A2_C14_S28-2-14-1.md)
- [Ind. Code § 28-2-14-2 Bank](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A2_C14_S28-2-14-2.md)
- [Ind. Code § 28-2-14-3 Bank holding company](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A2_C14_S28-2-14-3.md)
- [Ind. Code § 28-2-14-4 Bank subsidiary](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A2_C14_S28-2-14-4.md)
- [Ind. Code § 28-2-14-5 Company](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A2_C14_S28-2-14-5.md)
- [Ind. Code § 28-2-14-6 Control](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A2_C14_S28-2-14-6.md)
- [Ind. Code § 28-2-14-7 Department](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A2_C14_S28-2-14-7.md)
- [Ind. Code § 28-2-14-8 Deposits](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A2_C14_S28-2-14-8.md)
- [Ind. Code § 28-2-14-9 Repealed](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A2_C14_S28-2-14-9.md)
- [Ind. Code § 28-2-14-10 Acquisitions of banks and bank holding companies](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A2_C14_S28-2-14-10.md)
- [Ind. Code § 28-2-14-11 Repealed](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A2_C14_S28-2-14-11.md)
- [Ind. Code § 28-2-14-12 Bank or bank holding companies; application for acquisition; investigation; hearing; approval or disapproval](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A2_C14_S28-2-14-12.md)
- [Ind. Code § 28-2-14-13 Request for hearing upon fairness of issuance and exchange of stock; hearing; issuance of securities](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A2_C14_S28-2-14-13.md)
- [Ind. Code § 28-2-14-14 Findings of fact](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A2_C14_S28-2-14-14.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A2_C14_S28-2-14-10. Check the current official text before relying on it. Not legal advice.