Sec. 8. Any savings association may, upon approval of the department and, if required by federal law, the primary federal regulator, effect a mutual bank conversion. As added by P.L.147-1990, SEC.3. Amended by P.L.27-2012, SEC.63.
Ind. Code § 28-1-21.7-8, under Charter Conversion of Mutual Savings Associations to Mutual Savings Banks.
Ind. Code § 28-1-21.7-8
Sec. 8. Any savings association may, upon approval of the department and, if required by federal law, the primary federal regulator, effect a mutual bank conversion. As added by P.L.147-1990, SEC.3. Amended by P.L.27-2012, SEC.63.