CHAPTER 3. FEDERAL AGENCIES EXEMPT FROM APPEAL BOND REQUIREMENTS
IC 34-56-3
Chapter 3. Federal Agencies Exempt From Appeal BondRequirements
IC 34-56-3-1
Applicability of chapter
Sec. 1.This chapter does not apply to and does not affect in anyway 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 ofAmerica; or
(2) persons representing an agency or instrumentality describedin 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 takenas 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 judgmentagainst the agency or instrumentality of the United States ofAmerica, or persons representing the agency or instrumentality, andexecution of the judgment shall be stayed pending the appeal.
(d) A bond or undertaking may not be required of any agency orinstrumentality of the United States of America, or personsrepresenting the agency or instrumentality in any official capacity, inany proceeding or action by or against the agency or instrumentalityor persons representing the agency or instrumentality in which anybonds or undertakings are required generally of any parties.
As added by P.L.1-1998, SEC.52.