Indiana Code
Chapter 2. Reorganizing as a Mutual Savings Bank Holding Company
28-6.2-2-1.5. Reorganization as Federal Mutual Holding Company; Approval of Department and Primary Federal Regulator; Required Transactions

Sec. 1.5. (a) As used in this section, "primary federal regulator" means the federal agency primarily responsible for the regulation of mutual holding companies (as defined in IC 28-6.2-1-12).
(b) A mutual savings bank may, upon application to and with the approval by the department and the primary federal regulator, reorganize as a federal mutual holding company by undertaking a transaction or series of transactions substantially similar to those set forth in section 1 of this chapter.
As added by P.L.90-2008, SEC.39. Amended by P.L.27-2012, SEC.91.

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