Sec. 15. When the statement required by section 14 of this chapter is recorded, the savings bank ceases to exist. As added by P.L.42-1993, SEC.72.
Termination of savings bank's existence
Ind. Code § 28-6.1-18-15, under Liquidation and Dissolution of a Savings Bank Organized, Reorganized, or Operating Before January 1, 1993.
Ind. Code § 28-6.1-18-15