Indiana Code 28-12-11-3. Requirements for savings associations organized or recognized under this title
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Sec. 3. The department shall determine the capital stock requirements of a savings association organized or reorganized under this title after giving consideration to the following:
(2) In the case of a savings association to be reorganized, the existing deposit liability.
(1) In the case of a proposed new savings association, the potential deposit liability anticipated.
As added by P.L.42-1993, SEC.92. Amended by P.L.79-1998, SEC.88.