Indiana Code 28-1-31-1. “Charter conversion”
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Terms Used In Indiana Code 28-1-31-1
- commercial bank: means a bank or trust company (as defined by IC 28-1-1-3(2)). See Indiana Code 28-1-31-2
- out-of-state financial institution: means a bank or savings bank organized under the laws of any other state or the United States that has a branch or branches in Indiana that were established under IC 28-2-17 or IC 28-2-18. See Indiana Code 28-1-31-5
Sec. 1. As used in this chapter, “charter conversion” means the conversion of an out-of-state financial institution to a commercial bank.
As added by P.L.1-2006, SEC.490.