Sec. 3. A savings bank may, at any time if otherwise lawful, dispose of all or substantially all of its property and assets, including good will, upon terms and conditions and for consideration the savings bank considers beneficial.
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