Sec. 16. Upon the effective time of a charter conversion, the converted credit union is subject to all statutes and rules applicable to credit unions. As added by P.L.1-2006, SEC.492.
Ind. Code § 28-1-33-16, under Charter Conversion of a Mutual Savings Bank Into a Credit Union.
Ind. Code § 28-1-33-16
Sec. 16. Upon the effective time of a charter conversion, the converted credit union is subject to all statutes and rules applicable to credit unions. As added by P.L.1-2006, SEC.492.