Indiana Code 28-6.1-10-12. Establishment and acquisition of subsidiaries
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Sec. 12. A savings bank may establish or acquire a subsidiary that engages in either of the following:
(2) The underwriting or distribution of securities backed by or representing an interest in mortgages.
(1) The sale, distribution, or underwriting of securities issued by investment companies (as defined in Section 3 of the Investment Company Act of 1940 (15 U.S.C. §§ 80a-3)).
As added by P.L.42-1993, SEC.72.