28-14-7-1. Prohibited transactions; investigatory and enforcement powers of department

IN Code § 28-14-7-1 (2019) (N/A)
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Sec. 1. (a) A corporate fiduciary is prohibited from entering into any transaction that would be prohibited for a bank under IC 28-1-18.2.

(b) The department has the same:

(1) powers of investigation; and

(2) enforcement authority;

concerning corporate fiduciaries and their affiliates as the department has with respect to banks and their affiliates under IC 28-1-18.2.

As added by P.L.262-1995, SEC.90.