Information Maintained by the Office of Code Revision Indiana Legislative Services Agency
IC 28-15-4
     Chapter 4. Deposit Accounts

IC 28-15-4-1
Depositors
    
Sec. 1. A person becomes a depositor when the person is accepted by the savings association.
As added by P.L.193-1997, SEC.2.

IC 28-15-4-2
Terms and conditions
    
Sec. 2. The board of directors of a savings association may determine the terms and conditions of accepting deposits and making withdrawals.
As added by P.L.193-1997, SEC.2.

IC 28-15-4-3
Assessable amount
    
Sec. 3. All deposit accounts in a mutual association are assessable only to the extent of their withdrawal value.
As added by P.L.193-1997, SEC.2.

IC 28-15-4-4
Eligible investments for trust funds
    
Sec. 4. (a) Deposit accounts are eligible investments for trust funds administered by a savings association.
    (b) As a fiduciary, a savings association must comply with the provisions of IC 30-4-3-7.
    (c) A fiduciary has all rights and privileges of a member of a mutual savings association except the right to hold office or serve on the board of the savings association.
As added by P.L.193-1997, SEC.2.