Indiana § 28-2-17-29 - Waiver of concentration limitation
Full text of Indiana Indiana Code § 28-2-17-29 — Waiver of concentration limitation, with citation guidance and answers to common questions.
§ 28-2-17-29. Waiver of concentration limitation
Sec. 29. (a) Pursuant to 12 U.S.C. 1831u(b)2(D), the statewide concentration limitation as provided for in 12 U.S.C. 1831u(b)2(B) may be waived by order of the department for a particular interstate merger transaction for good cause shown.
(b) When determining good cause for the purposes of this section, the department shall, at a minimum, consider the factors enumerated in IC 28-2-16-17(e).
As added by P.L.171-1996, SEC.36.
IC 28-2-18Chapter 18. Interstate Bank Branching
28-2-18-1Purpose of chapter 28-2-18-2Definitions 28-2-18-3"Acquisition of a branch" defined 28-2-18-4"Bank" defined 28-2-18-5"Bank holding company" defined 28-2-18-6"Bank supervisory agency" 28-2-18-7"Branch" defined 28-2-18-8"Control" defined 28-2-18-9"Department" defined 28-2-18-10"De novo branch" defined 28-2-18-11"Director" defined 28-2-18-12"Home state" defined 28-2-18-13"Home state regulator" defined 28-2-18-14"Host state" defined 28-2-18-15"Indiana state bank" defined 28-2-18-16"Out-of-state bank" defined 28-2-18-17"Out-of-state state bank" defined 28-2-18-18"State" defined 28-2-18-19Establishment of de novo branch or acquisition of branch in another state; application; approval or disapproval by department; location; savings associations and industrial loan and investment companies; exemption from approval requirements 28-2-18-20Powers of out-of-state bank; de novo branch 28-2-18-21Powers of out-of-state bank; acquisition of branch 28-2-18-22Notice of proposed transaction 28-2-18-23Conditions of establishment 28-2-18-24Authorized activities; acquisition of additional branches; investigation; provisions and fees 28-2-18-25Examination of branch operations 28-2-18-26Enforcement actions 28-2-18-27Rules 28-2-18-28Notice of actions causing a change of control 28-2-18-29Repealed 28-2-18-30Severability
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 28-2-17-29
What does Indiana Code § 28-2-17-29 cover?
Section 28-2-17-29 ("Waiver of concentration limitation") 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 § 28-2-17-29?
A common citation format is "Indiana Code § 28-2-17-29" (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 § 28-2-17-29 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.