Sec. 2. “Acquiree savings bank” means any savings bank other than a resulting savings bank that:

(1) is acquired by a mutual holding company as part of, and concurrently with, a mutual holding company reorganization; and

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Terms Used In Indiana Code 28-6.2-1-2

  • mutual holding company: means a mutual savings bank holding company that:

    Indiana Code 28-6.2-1-12

(2) is in the mutual form immediately before the acquisition.

As added by P.L.122-1994, SEC.101.