Current through P.L. 171-2024
Section 28-2-14-19 - Assumed business names; bank holding companies; resolutions(a) The board of directors of a bank holding company that adopts a resolution under section 18(c) of this chapter may in that resolution or a subsequent resolution provide that all or a part of the trust business of an Indiana affiliate of the bank holding company may be conducted under an assumed business name specified in the resolution.(b) A copy of the resolution must be: (1) certified by the secretary or the assistant secretary of the bank holding company;(2) filed with the department; and(3) recorded in the county recorder's office: (A) in each county in which an Indiana affiliate affected by the resolution maintains an office at which trust business is conducted under an assumed business name provided for in the resolution; and(B) on or before the earlier of:(i) thirty (30) days after the adoption of the resolution; or(ii) the first day trust business is conducted in any county under the assumed business name provided for in the resolution.As added by P.L. 196-1991, SEC.1.