Sec. 10. If after hearing the matter, the court determines that it will be in the best interests of the depositors and other creditors of the savings bank to liquidate its affairs and dissolve, the liquidation may proceed.
Ind. Code § 28-6.1-18-10
Approval of liquidation and dissolution proceedings
As added by P.L.42-1993, SEC.72.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.