Owning and leasing property

Ind. Code § 28-6.1-7-7, under Powers of a Savings Bank Subject to the Rules of the Department.

Ind. Code § 28-6.1-7-7

Sec. 7. Subject to any restrictions the department may impose, a savings bank may: (1) become the owner or lessor of personal or real property upon the request of and for the use of a customer; and (2) incur additional obligations incident to becoming an owner or a lessor of the property. As added by P.L.42-1993, SEC.72. Amended by P.L.11-1998, SEC.11.