Indiana Code
Chapter 7.1. Voluntary Supervisory Conversion
28-1-7.1-3. Depository Financial Institution With Mutual Ownership; Authority to Engage in Voluntary Supervisory Conversion

Sec. 3. A depository financial institution with mutual ownership may engage in a voluntary supervisory conversion only as set forth in this chapter.
As added by P.L.89-2011, SEC.33.

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Structure Indiana Code

Indiana Code

Title 28. Financial Institutions

Article 1. Department of Financial Institutions

Chapter 7.1. Voluntary Supervisory Conversion

28-1-7.1-1. "Depository Financial Institution"

28-1-7.1-2. "Standard Conversion"

28-1-7.1-3. Depository Financial Institution With Mutual Ownership; Authority to Engage in Voluntary Supervisory Conversion

28-1-7.1-4. Voluntary Supervisory Conversion; Types of Transactions

28-1-7.1-5. Voluntary Supervisory Conversion; Eligibility; Conditions

28-1-7.1-6. Director's Determination of Resulting Entity's Viability; Conditions; Authority of Director to Act; Applicability of Law Governing Mergers and Consolidations; Waiver of Law

28-1-7.1-7. Depositors; No Right to Participate in or Approve Conversion; No Ownership Interests in Converted Institution; Liquidation Account

28-1-7.1-8. Plan of Conversion; Adoption by Board; Contents

28-1-7.1-9. Application to Department; Required Information and Documents

28-1-7.1-10. Denial of Application; Findings by Director

28-1-7.1-11. Approval of Application; Conditions