Sec. 8. Nothing done in connection with the merger or consolidation of any bank or trust company with, or the conversion of any bank or trust company into a national banking association shall be deemed to be or to effect a renunciation or revocation of any letters of administration or letters testamentary, pertaining to such relation, or a removal or resignation from any such executorship or trusteeship or any other fiduciary relationship, nor to be of the same effect as if the executor or trustee or other fiduciary had died or had otherwise become incompetent to act.
Formerly: Acts 1953, c.69, s.8.
Structure Indiana Code
Title 28. Financial Institutions
Article 3. Liquidation, Reorganization, and Merger
Chapter 2. Merger─state Banks and National Associations
28-3-2-1. Authority to Convert, Merge, or Consolidate
28-3-2-2. Plan of Conversion, Merger, or Consolidation; Required Approvals
28-3-2-3. Shareholders' Meeting; Completion of Conversion, Merger, or Consolidation
28-3-2-5. Effect of Conversion, Merger, or Consolidation on Obligations of State Bank
28-3-2-7. Effect of Conversion, Merger, or Consolidation on Fiduciary Relations of State Bank