Indiana § 28-15-7-1 - Note and pledge required
Full text of Indiana Indiana Code § 28-15-7-1 — Note and pledge required, with citation guidance and answers to common questions.
§ 28-15-7-1. Note and pledge required
Sec. 1. Each deposit account loan of a savings association must be evidenced by a note and a pledge of the deposit account.
As added by P.L.193-1997, SEC.2.
IC 28-15-8Chapter 8. Other Types of Loans
28-15-8-1Transactions regarding interests in certain loans 28-15-8-2Loans on security of certain property interests
Frequently Asked Questions About Indiana § 28-15-7-1
What does Indiana Code § 28-15-7-1 cover?
Section 28-15-7-1 ("Note and pledge required") 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 § 28-15-7-1?
A common citation format is "Indiana Code § 28-15-7-1" (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 § 28-15-7-1 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.