Sec. 13. This chapter does not prevent a depository institution or an affiliate of a depository institution that lends money or extends credit from placing insurance on real or personal property if a customer fails to provide insurance that is required under terms of a loan agreement or credit agreement. As added by P.L.130-2002, SEC.2.
Allowed activities
Ind. Code § 27-1-38-13, under Regulation of Depository Institutions.
Ind. Code § 27-1-38-13