Indiana Code 28-1-21.6-13. Retention of branches
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Terms Used In Indiana Code 28-1-21.6-13
- charter conversion: means the conversion of a savings association to a commercial bank. See Indiana Code 28-1-21.6-1
- commercial bank: means a stock bank or trust company (as defined by IC 28-1-1-3(2)). See Indiana Code 28-1-21.6-2
Sec. 13. Notwithstanding IC 28-2-13, a commercial bank created by charter conversion may retain all branches lawfully established.
As added by P.L.147-1990, SEC.2. Amended by P.L.42-1993, SEC.38.