Sec. 4. As used in this chapter, “effective time of the charter conversion” means:

(1) the date on which articles of conversion are filed with the secretary of state; or

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Terms Used In Indiana Code 28-1-33-4

  • charter conversion: means the conversion of a mutual savings bank into a credit union under this chapter. See Indiana Code 28-1-33-1
(2) the date designated in the articles of conversion as the effective time of the charter conversion.

As added by P.L.1-2006, SEC.492.