Terms Used In Indiana Code > Title 28 > Article 1 > Chapter 30 - Charter Conversion of a Credit Union to a Mutual Savings Bank

• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• 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.
• credit union: has the meaning set forth in Indiana Code 28-1-30-1
• 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.
• Federal Deposit Insurance Corporation: A government corporation that insures the deposits of all national and state banks that are members of the Federal Reserve System. ^{Source: OCC}
• in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
• 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 28-1-30-2
• mutual bank conversion: means the conversion of a credit union to a mutual bank. See Indiana Code 28-1-30-3
• Property: includes personal and real property. See Indiana Code 1-1-4-5
• Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5