Indiana Code 28-1-7.5-1. “Holding company” defined
Current as of: 2024 | Check for updates
|
Other versions
Sec. 1. (a) As used in this chapter, “holding company” refers to a corporation that:
(2) has completed such an acquisition;
(1) is attempting to acquire all the outstanding shares of a bank, trust company, corporate fiduciary, or stock savings bank under this chapter; or
Terms Used In Indiana Code 28-1-7.5-1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Fiduciary: A trustee, executor, or administrator.
- stock savings bank: has the meaning set forth in Indiana Code 28-1-7.5-1
depending upon the context in which the term is used.
(b) As used in this chapter, “stock savings bank” has the meaning set forth in IC 28-6.1-2-7.
As added by P.L.238-1983, SEC.10. Amended by P.L.122-1994, SEC.60; P.L.262-1995, SEC.13.