Sec. 4. A savings bank may borrow money and do the following: (1) Issue notes, bonds, or debentures to evidence that borrowing. (2) Mortgage, pledge, or hypothecate any of its assets to secure the repayment of that money. As added by P.L.42-1993, SEC.72.
Borrowing money
Ind. Code § 28-6.1-6-4, under General Powers of a Savings Bank.
Ind. Code § 28-6.1-6-4