Resulting commercial bank subject to statutes and rules

Ind. Code § 28-1-31-13, under Conversion of an Out-of-State Financial Institution Charter Into a Commercial Bank.

Ind. Code § 28-1-31-13

Sec. 13. Upon the effective time of charter conversion, the converted commercial bank shall, unless otherwise provided in this chapter, immediately become subject to all statutes and rules applicable to commercial banks. As added by P.L.1-2006, SEC.490.