§ 28-1-21.7-1 “Department”
§ 28-1-21.7-2 “Effective time of the mutual bank conversion”
§ 28-1-21.7-3 “Mutual bank”
§ 28-1-21.7-4 “Mutual bank conversion”
§ 28-1-21.7-5.1 “Primary federal regulator”
§ 28-1-21.7-6 “Savings association”
§ 28-1-21.7-7 “Voting parties”
§ 28-1-21.7-8 Conversion upon approval
§ 28-1-21.7-9 Procedures for conversion
§ 28-1-21.7-10 Approval or disapproval of conversion plan; requirements
§ 28-1-21.7-11 Powers and duties of resulting mutual bank
§ 28-1-21.7-12 Transitional powers
§ 28-1-21.7-13 Retention of branches
§ 28-1-21.7-14 Articles of conversion; filing
§ 28-1-21.7-15 Statutes and rules applicable to converted bank
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Terms Used In Indiana Code > Title 28 > Article 1 > Chapter 21.7 - Charter Conversion of Mutual Savings Associations to Mutual Savings Banks

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • department: means the department of financial institutions and, if applicable, the department's authorized delegate. See Indiana Code 28-1-21.7-1
  • effective time of the mutual bank conversion: means :

    Indiana Code 28-1-21.7-2

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • mutual bank: means a mutual savings bank governed by Indiana Code 28-1-21.7-3
  • mutual bank conversion: means the conversion of a savings association to a mutual bank. See Indiana Code 28-1-21.7-4
  • primary federal regulator: means the federal agency primarily responsible for the regulation of:

    Indiana Code 28-1-21.7-5.1

  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • savings association: means an institution (as defined in Indiana Code 28-1-21.7-6
  • United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
  • voting parties: means a mutual savings association's depositors or members. See Indiana Code 28-1-21.7-7