Indiana § 28-11-1-15 - Director's powers; state of emergency or governor's approval
Full text of Indiana Indiana Code § 28-11-1-15 — Director's powers; state of emergency or governor's approval, with citation guidance and answers to common questions.
§ 28-11-1-15. Director's powers; state of emergency or governor's approval
Sec. 15. If the governor:
(1) declares, under IC 10-14-3-12, a state of emergency in all or part of Indiana; or
(2) in the absence of a declaration under subdivision (1), gives prior approval to the director;
the director is authorized to take necessary and appropriate action to establish or preserve safe and sound methods of banking and other action the director considers necessary under the circumstances to promote and safeguard the interests of depositors, debtors, consumers, creditors, or the public.
As added by P.L.213-2007, SEC.95; P.L.217-2007, SEC.93. Amended by P.L.35-2010, SEC.195.
IC 28-11-2Chapter 2. Organization of Department
28-11-2-1Director; appointment; oath of office; term of office; salary; duties; expenses 28-11-2-2Organization of department; divisions 28-11-2-3Employees; salaries and benefits; contractors to assist with examinations; contracts not subject to approval 28-11-2-4Performance bonds and crime policies 28-11-2-5Repealed 28-11-2-6Conflicts of interest; adoption of policies 28-11-2-6.1Ethics rules and requirements; adopting additional rules 28-11-2-6.2Public meetings; transcribing and preserving damaged records 28-11-2-7Liability for official acts 28-11-2-8Powers of inquiry; administration of oaths; requiring production of books and records; refusal of person to comply with order or subpoena 28-11-2-9Financial institutions fund
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 28-11-1-15
What does Indiana Code § 28-11-1-15 cover?
Section 28-11-1-15 ("Director's powers; state of emergency or governor's approval") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 28-11-1-15?
A common citation format is "Indiana Code § 28-11-1-15" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 28-11-1-15 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.