Sec. 8. (a) The acquisition of an Indiana savings association under section 6 of this chapter includes the acquisition of all subsidiaries of the Indiana savings association.
(b) The acquisition of the holding company of an Indiana savings association under this chapter includes the acquisition of:
(1) the Indiana savings association subsidiaries of the acquired Indiana savings association holding company; and
(2) all branches of the Indiana savings association subsidiaries of the acquired Indiana savings association holding company.
(c) After an acquisition under section 6 of this chapter:
(1) an acquiring foreign savings association;
(2) an acquired Indiana savings association; and
(3) the subsidiaries of an acquired Indiana savings association holding company;
have the same branching rights as an Indiana savings association.
As added by P.L.193-1997, SEC.2.
Structure Indiana Code
Title 28. Financial Institutions
Article 15. Savings Associations
Chapter 10. Interstate Acquisition of Savings Associations
28-15-10-1. "Foreign Savings Association" Defined
28-15-10-2. "Foreign Savings Association Holding Company" Defined
28-15-10-3. "Indiana Savings Association" Defined
28-15-10-4. "Indiana Savings Association Holding Company" Defined
28-15-10-5. Indiana Savings Association Holding Company; Acquisitions By
28-15-10-6. Foreign Savings Association Holding Company; Acquisitions By
28-15-10-7. Acquisition of Foreign Savings Associations and Holding Companies