Sec. 21. “Stock benefit plan” means any defined benefit plan or defined contribution plan. The term includes:

(1) an employee stock ownership plan;

Terms Used In Indiana Code 28-6.2-1-21

  • mutual holding company: means a mutual savings bank holding company that:

    Indiana Code 28-6.2-1-12

(2) a stock bonus plan;

(3) a profit-sharing plan; or

(4) any other plan of a mutual holding company or any of its subsidiaries or affiliates;

whether or not the plan, with its related trust, meets the qualifying requirements under section 401 of the Internal Revenue Code.

As added by P.L.122-1994, SEC.101.