Sec. 22.1. An industrial loan and investment company is prohibited from entering into any transaction that would be prohibited for a bank under IC 28-1-18.2.
Ind. Code § 28-5-1-22.1
Prohibited transactions
Known as the The Indiana Industrial Loan and Investment Act
The act spans §§ 28-5-1-1 to 28-5-1-9 (29 sections).
As added by P.L.192-1997, SEC.12.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.