Sec. 8. Any savings association may, upon approval of the department and, if required by federal law, the primary federal regulator, effect a mutual bank conversion.
As added by P.L.147-1990, SEC.3. Amended by P.L.27-2012, SEC.63.
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