Purchase and sale of government chartered small business investment company stock

Ind. Code § 28-6.1-10-7, under Savings Banks Dealing in Investment Securities.

Ind. Code § 28-6.1-10-7

Sec. 7. A savings bank may purchase for its own account and sell shares of stock in federal or state chartered small business investment companies that have received a permit or license to operate under the federal Small Business Investment Act, subject to the limitations and restrictions the department prescribes by rule. As added by P.L.42-1993, SEC.72.