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Exercising general banking powers; issuing money

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Indiana Code › Title 28 › Article 6.1 › Chapter 6 › Section 28-6.1-6-9

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

Sec. 9. A savings bank may exercise all the powers incidental, proper, necessary, or usual in carrying on a general banking business, but it may not issue bills to circulate as money.

As added by P.L.42-1993, SEC.72.

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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