Sec. 2. As used in this chapter, "effective time of the mutual bank conversion" means: (1) the date that articles of mutual bank conversion are filed with the secretary of state; or (2) the date designated in the articles of mutual bank conversion. As added by P.L.147-1990, SEC.3. Amended by P.L.122-1994, SEC.83.
"Effective time of the mutual bank conversion"
Ind. Code § 28-1-21.7-2, under Charter Conversion of Mutual Savings Associations to Mutual Savings Banks.
Ind. Code § 28-1-21.7-2