Exercising general banking powers; issuing money

Ind. Code § 28-6.1-6-9, under General Powers of a Savings Bank.

Ind. Code § 28-6.1-6-9

Sec. 9. A savings bank may exercise all the powers incidental, proper, necessary, or usual in carrying on a general banking business, but it may not issue bills to circulate as money. As added by P.L.42-1993, SEC.72.