Indiana § 28-2-14-19 - Assumed business names; bank holding companies; resolutions

§ 28-2-14-19. Assumed business names; bank holding companies; resolutions

Sec. 19. (a) The board of directors of a bank holding company that adopts a resolution under section 18(c) of this chapter may in that resolution or a subsequent resolution provide that all or a part of the trust business of an Indiana affiliate of the bank holding company may be conducted under an assumed business name specified in the resolution.

(b) A copy of the resolution must be:

(1) certified by the secretary or the assistant secretary of the bank holding company;

(2) filed with the department; and

(3) recorded in the county recorder's office:

(A) in each county in which an Indiana affiliate affected by the resolution maintains an office at which trust business is conducted under an assumed business name provided for in the resolution; and

(B) on or before the earlier of:

(i) thirty (30) days after the adoption of the resolution; or

(ii) the first day trust business is conducted in any county under the assumed business name provided for in the resolution.

As added by P.L.196-1991, SEC.1.

IC 28-2-15Chapter 15. RepealedRepealed by P.L.279-1987, SEC.13.

IC 28-2-16Chapter 16. Foreign Bank Holding Companies

28-2-16-1"Acquire" defined 28-2-16-2"Bank" 28-2-16-3"Bank holding company" defined 28-2-16-4"Bank subsidiary" defined 28-2-16-5"Company" defined 28-2-16-6"Control" defined 28-2-16-7"Department" defined 28-2-16-8"Deposits" defined 28-2-16-9"Foreign bank holding company" defined 28-2-16-10Repealed 28-2-16-11"Indiana bank" defined 28-2-16-12"Indiana bank holding company" defined 28-2-16-13"Indiana bank subsidiary" defined 28-2-16-14"Principal place of business" defined 28-2-16-15Acquisition of financial institutions 28-2-16-16Repealed 28-2-16-17Foreign bank holding company acquisition of Indiana bank or bank holding company; application; investigation; factors considered; findings; conditions and restrictions upon acquisition 28-2-16-18Exchange of stock of foreign bank holding company acquiring Indiana bank or bank holding company; request for hearing 28-2-16-19Foreign bank holding company acquisition of Indiana bank or bank holding company; findings and orders 28-2-16-20Qualification to acquire Indiana bank or bank holding company; divestiture upon ceasing to qualify 28-2-16-21Exemption from IC 28-1-2-23 28-2-16-22Injunctions 28-2-16-23Cooperation with other financial institutions' regulatory agencies 28-2-16-24Repealed 28-2-16-25Rules