Terms Used In Indiana Code > Title 28 > Article 13 > Chapter 17 - Financial Subsidiary Activities of Financial Institutions

• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• control: has the meaning set forth in IC 28-2-13-12. See Indiana Code 28-13-17-4
• Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
• equity capital: includes , in addition to an equity investment, a debt instrument issued by a financial subsidiary, if the instrument qualifies as capital of the financial subsidiary under any federal or state law, regulation, or interpretation applicable to the financial subsidiary. See Indiana Code 28-13-17-6
• financial institution: has the meaning set forth in IC 28-13-16-3. See Indiana Code 28-13-17-1
• financial subsidiary: means a foreign or domestic corporation or limited liability company that is controlled by one (1) or more financial institutions that engages in a financial subsidiary activity. See Indiana Code 28-13-17-2
• financial subsidiary activity: means :

  Indiana Code 28-13-17-3

• hold an interest: means the ownership of any equity capital of a financial subsidiary. See Indiana Code 28-13-17-5
• Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
• National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. ^{Source: OCC}