Sec. 12. If the court finds that the disposition, as proposed in the resolution, is fair and will be in the best interests of the depositors and other creditors of the savings bank, the court shall enter an order directing the disposition, as set forth in the resolution, be carried out and assessing the costs of the proceeding against the objector.
As added by P.L.42-1993, SEC.72.
Structure Indiana Code
Title 28. Financial Institutions
28-6.1-19-1. Application of Chapter
28-6.1-19-3. Disposition of Property and Assets
28-6.1-19-4. Resolutions of Disposition
28-6.1-19-5. Departmental Approval
28-6.1-19-6. Judicial Approval
28-6.1-19-7. Copies of Dissolution Resolutions
28-6.1-19-8. Court Approval Prerequisite to Dissolution
28-6.1-19-9. Notice of Dispositions
28-6.1-19-10. Statements of Objections
28-6.1-19-11. Hearings on Objections
28-6.1-19-12. Orders Directing Dispositions