Indiana Code 28-11-5-3. Applications to establish financial institutions

Sec. 3. (a) A request to establish a financial institution must be set forth in an application:

(1) prescribed by the department; and

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(2) containing the information required by the department.

(b) Within twenty (20) business days after receiving an application under this section, the department shall:

(1) accept the application for processing;

(2) request additional information to complete the application; or

(3) return the application if it is incomplete.

As added by P.L.42-1993, SEC.91. Amended by P.L.122-1994, SEC.111.