Indiana Code 28-1-21.8-14. Retention of branches
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Terms Used In Indiana Code 28-1-21.8-14
- stock savings bank: means a savings bank owned by holders of capital stock and formed by conversion under this chapter. See Indiana Code 28-1-21.8-5
- stock savings bank conversion: means the conversion of a savings association to a stock savings bank, including any of the following:
Indiana Code 28-1-21.8-6
Sec. 14. Notwithstanding IC 28-6.1-12, a stock savings bank created by a stock savings bank conversion may retain all branches lawfully established.
As added by P.L.42-1993, SEC.43.