Author: Charles Kettleborough

Publisher: Forgotten Books

Published: 2017-10-31

Total Pages: 138

ISBN-13: 9781528248518

Excerpt from Bank Laws of State of Indiana, Mortgage Guarantee Company Laws, Public Depository Laws, Petty Loan Laws, Etc., 1921 Trust fund. Sec. 11. The general assembly is not prohibited from investing the trust funds in a bank With branches, but in case of such investment, the safety of the same shall be guaranteed by unquestionable security. State not2to be stockholder. See. 12. The state shall not be a stockholder in any bank, after the expiration of the present bank charter, nor shall the credit of the state ever be given, or loaned, in aid of any person, association, or corporation; nor shall the state hereafter become a stock holder in any corporation or association. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.