Albion National Bank v. Department of Financial Institutions

CONCURRING OPINION

Staton, P.J.

I concur in result. American State Bank of Ligonier did not have standing to question the validity of the annexation. The Department of Financial Institutions did not have jurisdiction to determine the validity of the annexation. When the Department decided to ignore the limitations placed upon its decision by the annexation, it committed reversible error.

Note. — Reported at 355 N.E.2d 873.