Indiana § 28-3-4-2 - Amendment of articles as to corporate duration

Full text of Indiana Indiana Code § 28-3-4-2 — Amendment of articles as to corporate duration, with citation guidance and answers to common questions.

§ 28-3-4-2. Amendment of articles as to corporate duration

Sec. 2. Any bank or trust company organized under any statute of this state may amend its articles of incorporation in the manner prescribed in IC 28-13-14. Any bank or trust company electing to amend its articles of incorporation in such manner may, among other things, provide that such bank or trust company may continue as a corporation, under its corporate name, for the period limited in its articles of incorporation as amended, or, if the period is not so limited therein, then perpetually.

Formerly: Acts 1941, c.166, s.2. As amended by P.L.263-1985, SEC.134; P.L.14-1992, SEC.111.

IC 28-4ARTICLE 4. REPEALEDRepealed by P.L.193-1997, SEC.5.

IC 28-5ARTICLE 5. INDUSTRIAL LOAN AND INVESTMENT COMPANIES

Ch. 1.Industrial Loan and Investment Act Ch. 2.Survivors─Payment Ch. 3.Minors

IC 28-5-1Chapter 1. Industrial Loan and Investment Act

28-5-1-1Citation 28-5-1-2Application of chapter 28-5-1-3Definitions; department's powers 28-5-1-4Definitions; certificate of authority; branches; automated teller machines 28-5-1-5Capital requirements 28-5-1-6Corporate powers 28-5-1-6.3Request to exercise rights and privileges granted to national banks; appeal 28-5-1-6.5Sale of annuity contracts 28-5-1-7Repealed 28-5-1-8Limitation of total obligation of single borrower; exceptions; loans to officers, agents, and employees; violation; offense; credit exposure from derivative transactions 28-5-1-9Mortgage loans 28-5-1-10Time for existing companies to comply with loan limits 28-5-1-11Acquisition or conveyance of real estate; purposes 28-5-1-12Certificates of indebtedness or investment; form; payment; withdrawals 28-5-1-13Certificates of indebtedness or investment; reserve balance 28-5-1-14Surplus account; dividends 28-5-1-15Authority of department; examination of affiliates; examination of vendors 28-5-1-16Records retention policy 28-5-1-17Rules and regulations 28-5-1-18Fidelity coverage for officers and employees; bonds; reserve funds 28-5-1-19Exclusion from banking business; false advertising; desist orders 28-5-1-20Repealed 28-5-1-21Elimination of certificates of indebtedness or certificates of investment, deposits, or savings accounts 28-5-1-22Violations 28-5-1-22.1Prohibited transactions 28-5-1-23Taxation 28-5-1-24Repealed 28-5-1-25Conversion into state bank, trust company, or savings association 28-5-1-26Requirement to provide property tax information in certain transactions

Source: official Indiana text · Last verified 2026-08-27

Frequently Asked Questions About Indiana § 28-3-4-2

What does Indiana Code § 28-3-4-2 cover?

Section 28-3-4-2 ("Amendment of articles as to corporate duration") 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 § 28-3-4-2?

A common citation format is "Indiana Code § 28-3-4-2" (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 § 28-3-4-2 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.