Indiana Code 28-1-21.7-2. “Effective time of the mutual bank conversion”
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Sec. 2. As used in this chapter, “effective time of the mutual bank conversion” means:
(2) the date designated in the articles of mutual bank conversion.
(1) the date that articles of mutual bank conversion are filed with the secretary of state; or
Terms Used In Indiana Code 28-1-21.7-2
- 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
As added by P.L.147-1990, SEC.3. Amended by P.L.122-1994, SEC.83.