Welcome to your daily briefing on finance developments in Indiana. Today we're covering 8 key stories including updates on indiana finance headlines, indiana finance updates. Let's dive in.
3 stories
Indiana House Bill 1284, signed by Governor Holcomb and effective July 1, 2024, clarifies how financial institutions may make enforceable amendments to deposit account agreements.
Indiana finance professionals can now better ensure changes to deposit account agreements are enforceable under state law.
Indiana's finalized 45 IAC 3.1-1-55.5 introduces market-based sourcing for services and intangibles, retroactive to January 1, 2019, aligning with MTC guidelines with some exclusions.
Finance professionals in Indiana need to adjust tax compliance and planning for how service and intangible revenue is sourced under the new rule.
The Indiana District Office is the SBA office responsible for servicing the entire state of Indiana.
Finance professionals in IN can direct clients and business owners to this office for SBA-related support and resources.
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5 stories
The Shopify article explains that SBA loan requirements vary by loan type and lender, with key criteria to review before applying.
Indiana finance professionals can use this overview to guide small-business clients through SBA loan qualification steps.
The Indiana Department of Financial Institutions' homepage is the central online hub for the state's financial regulatory agency.
Finance professionals in IN can access regulatory guidance, agency updates, and licensing resources from their state regulator.
The U.S. Small Business Administration announced that Indiana small businesses received over $728 million in federally backed capital during Fiscal Year 2023.
For Indiana finance professionals, this signals the SBA remains a significant funding source for small-business growth and expansion opportunities across the state.
The source is an eStatement Disclosure page from imcu.com that informs readers about electronic statement delivery.
Indiana finance professionals can review the eStatement Disclosure to stay informed on digital statement terms relevant to financial communications.
A Wikipedia overview of credit unions, member-owned not-for-profit financial cooperatives that offer banking services.
Indiana finance professionals advising clients or managing institutions should understand how credit unions differ from banks and their role in the local financial landscape.
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