Sec. 2. (a) As used in this chapter, “financial institutions” means and includes any bank or trust company, credit union, bank of discount and deposit, savings bank, loan and trust and safe deposit company, trust company, savings association, mortgage guaranty company, and small loan company organized under any law of the state of Indiana.

     (b) As used in this chapter, “insurance company” means and includes any stock, mutual, reciprocal, assessment or fraternal benefit company or society writing any life, fire, livestock, casualty, health, hospital, accident or bonding insurance or reinsurance, which company or society is organized under the laws of the state of Indiana.

     (c) As used in this chapter, “trust fund” shall be limited to private trust funds.

Formerly: Acts 1953, c.131, s.2. As amended by P.L.42-1993, SEC.8; P.L.79-1998, SEC.15; P.L.136-2018, SEC.97.