Sec. 5. (a) Not later than five (5) days after entry of the order directing the liquidation of the savings bank, the department shall file a copy of the order with the circuit court clerk of the county in which the savings bank is located.
(b) Upon the filing of an order under subsection (a), the clerk shall:
(1) note the filing upon the records of the court; and
(2) enter the cause as a civil action upon the docket of the court under the name and style of "In the Matter of the Liquidation of _______________" (inserting the name of the savings bank).
As added by P.L.42-1993, SEC.72.
Structure Indiana Code
Title 28. Financial Institutions
28-6.1-18-1. Application of Chapter
28-6.1-18-2. Dissolutions; Determinations of Boards
28-6.1-18-3. Resolutions of Dissolution
28-6.1-18-4. Liquidation Orders; Employment of Necessary Personnel
28-6.1-18-5. Civil Actions; Filing
28-6.1-18-6. Jurisdiction of Courts
28-6.1-18-7. Taking Charge of Business and Assets by Department; Notice of Departmental Actions
28-6.1-18-8. Petitions Opposing Liquidation and Dissolution
28-6.1-18-9. Dismissal of Liquidation and Dissolution Actions
28-6.1-18-10. Approval of Liquidation and Dissolution Proceedings
28-6.1-18-11. Finality of Judicial Decisions
28-6.1-18-12. Powers and Restrictions of Department
28-6.1-18-13. Completion of Liquidation