Indiana Code > Title 28 > Article 1 > Chapter 21.7 – Charter Conversion of Mutual Savings Associations to Mutual Savings Banks


§ 28-1-21.7-1	“Department”
§ 28-1-21.7-2	“Effective time of the mutual bank conversion”
§ 28-1-21.7-3	“Mutual bank”
§ 28-1-21.7-4	“Mutual bank conversion”
§ 28-1-21.7-5.1	“Primary federal regulator”
§ 28-1-21.7-6	“Savings association”
§ 28-1-21.7-7	“Voting parties”
§ 28-1-21.7-8	Conversion upon approval
§ 28-1-21.7-9	Procedures for conversion
§ 28-1-21.7-10	Approval or disapproval of conversion plan; requirements
§ 28-1-21.7-11	Powers and duties of resulting mutual bank
§ 28-1-21.7-12	Transitional powers
§ 28-1-21.7-13	Retention of branches
§ 28-1-21.7-14	Articles of conversion; filing
§ 28-1-21.7-15	Statutes and rules applicable to converted bank

Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
department: means the department of financial institutions and, if applicable, the department's authorized delegate. See Indiana Code 28-1-21.7-1
effective time of the mutual bank conversion: means :
Indiana Code 28-1-21.7-2
Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
mutual bank: means a mutual savings bank governed by Indiana Code 28-1-21.7-3
mutual bank conversion: means the conversion of a savings association to a mutual bank. See Indiana Code 28-1-21.7-4
primary federal regulator: means the federal agency primarily responsible for the regulation of:
Indiana Code 28-1-21.7-5.1
Property: includes personal and real property. See Indiana Code 1-1-4-5
savings association: means an institution (as defined in 12 U. See Indiana Code 28-1-21.7-6
United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
voting parties: means a mutual savings association's depositors or members. See Indiana Code 28-1-21.7-7