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Chapter

Sale of Banks, Trust Companies, and Building and Loan Associations

  • Ind. Code § 28-1-8-0.5— "Corporation"
  • Ind. Code § 28-1-8-0.7— "Shareholder"
  • Ind. Code § 28-1-8-1— Disposition of property and assets; authority; compliance with procedures
  • Ind. Code § 28-1-8-2— Resolution proposing sale or other disposition; submission to shareholders
  • Ind. Code § 28-1-8-3— Submission of resolution to department; conditions for approval; economic benefits to officers or directors
  • Ind. Code § 28-1-8-4— Submission to shareholders; vote required; exception for corporation in danger of insolvency
  • Ind. Code § 28-1-8-5— Dissenting shareholders; effective date of disposition; inapplicability to credit unions, mutual savings banks, and mutual savings associations
  • Ind. Code § 28-1-8-6— Purchase of assets; submission of resolution and application to department; factors for department's approval; exceptions to approval requirement