Indiana Code 28-1-21.8-8. Conversion to stock savings banks
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Terms Used In Indiana Code 28-1-21.8-8
- savings association: means an institution (as defined in Indiana Code 28-1-21.8-4
- 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
Sec. 8. With the approval of the department, a stock savings association may convert to a stock savings bank under this chapter.
As added by P.L.42-1993, SEC.43.