Indiana Code 28-2-17-21. Authority to enter into transaction
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Sec. 21. If the conditions and filing requirements of this chapter are met:
(2) an out-of-state bank resulting from a transaction referred to in subdivision (1) may maintain and operate the branches in Indiana of an Indiana bank that participated in the transaction.
(1) one (1) or more Indiana banks may enter into an interstate merger transaction with one (1) or more out-of-state banks under this chapter; and
Terms Used In Indiana Code 28-2-17-21
- bank: has the meaning set forth in 12 U. See Indiana Code 28-2-17-3
- Indiana bank: means a bank whose home state is Indiana. See Indiana Code 28-2-17-13
- interstate merger transaction: means :
Indiana Code 28-2-17-15
As added by P.L.171-1996, SEC.36.