http://www.in.gov/legislative/ic/code/

Most lending related questions can be answered in Title 24. The UCC is Section 4.5 of that title.

Most "banking" related questions can be answered in Title 28.

Moat property related questions can be answered in Title 32.

This may be a duhhh question, but I'm not specifically finding it in the code. On a credit agreement and disclosure, do we actually have to state that the maximum rate is 21% or can we simply state "....Nor will the periodic rate or corresponding Annual Percentage Rate exceed the maximum rrate allowed by applicable law." I had an internal auditor ask me because we typically have the 21% on the disclosure, but it for some reason was not typed in on an agreement she was reviewing. Any comment appreciated. Thanks!

See Reg. Z 1026.30 and its Commentary.

Thank you Dan...that is exactly what I needed. I appreciate your expertise!

Dan, I've been trying to search through Title 28's articles looking for information on Authorized Signers for individual accounts but I'm unable to find anything. Can you help narrow this down for me?

Thanks!

I'm not aware of any IN code that governs authorized users. The allowance of an authorized user is generally a contract between the bank and the account holder.

If there are any guidelines I would suspect they'd be found in the UCC.

Thanks, Dan! I will check that out.