Indiana Code 28-2-17-22. Duties of resulting bank
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Sec. 22. An out-of-state bank that will be the resulting bank pursuant to an interstate merger transaction involving an Indiana state bank shall:
(2) provide satisfactory evidence to the department of compliance with applicable requirements of IC 28-1-22.
(1) notify the department of the proposed merger; and
Terms Used In Indiana Code 28-2-17-22
- bank: has the meaning set forth in Indiana Code 28-2-17-3
- department: refers to the department of financial institutions. See Indiana Code 28-2-17-8
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Indiana state bank: means a bank organized or reorganized under the laws of Indiana. See Indiana Code 28-2-17-14
- interstate merger transaction: means :
Indiana Code 28-2-17-15
- resulting bank: means a bank that has resulted from an interstate merger transaction under this chapter. See Indiana Code 28-2-17-18
- state: means any of the following:
Indiana Code 28-2-17-19
As added by P.L.171-1996, SEC.36. Amended by P.L.11-1998, SEC.9.