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INDIANA BANKERS ASS'N v. FIRST FEDERAL S. & L.

No. 3-978A227.

387 N.E.2d 107 (1979)

INDIANA BANKERS ASSOCIATION, Inc., Intervenor-Appellant, v. FIRST FEDERAL Savings & Loan Association of East Chicago, Plaintiff-Appellee, Theodore L. Sendak, Attorney General of the State of Indiana, Defendant-Appellee, State Board of Accounts of Indiana, Defendant-Appellee, Kenneth R. Beesley, State Examiner, Defendant-Appellee, Charles W. Stout, Deputy Examiner, Defendant-Appellee, Richard Worley, Deputy Examiner of the State Board of Accounts, Defendant-Appellee.

Court of Appeals of Indiana, Third District.

April 5, 1979.

Attorney(s) appearing for the Case

Donald F. Elliott, Jr., Ice, Miller, Donadio & Ryan, Indianapolis, James L. Jorgensen, Hoeppner, Wagner & Evans, Valparaiso, for intervenor-appellant Indiana Bankers Ass'n, Inc.

Joseph L. Skozen, Skozen & Tebik, Munster, Lewis C. Bose, David R. Day, Bose & Evans, Indianapolis, for plaintiff-appellee First Federal Savings & Loan Ass'n of East Chicago.

Theodore L. Sendak, Atty. Gen. of Indiana, Indianapolis, for defendants-appellees.

GARRARD, Presiding Judge.

First Federal Savings & Loan Association of East Chicago (First Federal) initiated this action against the State Board of Accounts to secure a declaratory judgment and injunctive relief concerning Indiana statutes which permit banks, but not savings and loan associations, to serve as depositories of public funds.

The appellant, Indiana Banker's Association, Inc. (the Association) petitioned to intervene pursuant to Indiana Rules...

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