Sec. 23. A branch of an out-of-state bank may not be established in Indiana under this chapter unless the out-of-state bank: (1) confirms in writing to the department that it will comply with all applicable laws of Indiana as long as it maintains a branch in Indiana; and (2) provides satisfactory evidence to the department of compliance with the applicable
requirements of IC 28-1-22. As added by P.L.171-1996, SEC.37.