CHAPTER 3. FEDERAL AGENCIES EXEMPT FROM APPEAL BOND REQUIREMENTS
IC 34-56-3
Chapter 3. Federal Agencies Exempt From Appeal Bond
Requirements
IC 34-56-3-1
Applicability of chapter
Sec. 1.This chapter does not apply to and does not affect in any
way the status of any:
(1) national bank or banking institution;
(2) federal building and savings association; or
(3) savings association;
whether organized under federal or state laws.
As added by P.L.1-1998, SEC.52. Amended by P.L.79-1998,
SEC.103.
IC 34-56-3-2
Exemptions
Sec. 2. (a) This section applies to all actions in which:
(1) an agency or instrumentality of the United States of
America; or
(2) persons representing an agency or instrumentality described
in subdivision (1) in any official capacity;
are entitled to take an appeal of any kind.
(b) An appeal described in subsection (a) shall be granted or taken
as to the agency or instrumentality of the United States of America,
or persons representing the agency or instrumentality, without bond.
(c) A proceeding may not be brought to enforce any judgment
against the agency or instrumentality of the United States of
America, or persons representing the agency or instrumentality, and
execution of the judgment shall be stayed pending the appeal.
(d) A bond or undertaking may not be required of any agency or
instrumentality of the United States of America, or persons
representing the agency or instrumentality in any official capacity, in
any proceeding or action by or against the agency or instrumentality
or persons representing the agency or instrumentality in which any
bonds or undertakings are required generally of any parties.
As added by P.L.1-1998, SEC.52.