Sec. 14. In order to effect the mutual bank conversion, the converting savings association shall file articles of mutual bank conversion, bearing the approval of the director of the department, with the Indiana secretary of state. The converting savings association shall also file copies of the articles of mutual bank conversion with the county recorder of the county where the principal office of the mutual bank is located.
As added by P.L.147-1990, SEC.3.
Structure Indiana Code
Title 28. Financial Institutions
Article 1. Department of Financial Institutions
Chapter 21.7. Charter Conversion of Mutual Savings Associations to Mutual Savings Banks
28-1-21.7-2. "Effective Time of the Mutual Bank Conversion"
28-1-21.7-4. "Mutual Bank Conversion"
28-1-21.7-5.1. "Primary Federal Regulator"
28-1-21.7-6. "Savings Association"
28-1-21.7-8. 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