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Ind. Code § 28-1-21.9-1

Charter conversion

Known as the The Indiana Financial Institutions Act

The act spans §§ 28-1-1-1 to 28-1-9-9 (499 sections).

As added by P.L.42-1993, SEC.44

Sec. 1. As used in this chapter, "charter conversion" means the conversion of a savings bank to a stock savings bank, including any of the following:

(1) A conversion in connection with the formation of a holding company.

(2) An acquisition involving an existing corporation.

(3) A merger with an existing financial institution.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.