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149 chapters · 1,498 sections in this title.
Ind. Code § 28-1-21.4-1 "Mutual savings association"
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Sec. 1. As used in this chapter, "mutual savings association" means any mutual savings association organized or reorganized under this title, and any savings association organized under any Indiana statute before February 24, 1933, that is in a mutual form. As added by P.L.176-19…
Ind. Code § 28-1-21.4-10 Voting rights
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Sec. 10. The voting parties of a mutual savings association have the voting rights set forth in IC 28-13-6-2 with respect to a charter conversion of the mutual savings association under this chapter. As added by P.L.176-1996, SEC.14. Amended by P.L.79-1998, SEC.53.
Ind. Code § 28-1-21.4-11 Approval or disapproval by department
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Sec. 11. (a) The department may approve or disapprove the conversion plan filed under section 9 of this chapter. (b) The department is not required to hold a hearing on the conversion plan. (c) Solicitation of the votes of voting parties may occur before the savings association r…
Ind. Code § 28-1-21.4-12 Conditions for approval
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Sec. 12. The department may not approve the conversion plan unless the department finds, after appropriate investigation or examination, all of the following: (1) That the resulting stock savings association will operate in a safe, sound, and prudent manner. (2) That the proposed…