The approval of the department of an:(1) agreement of merger; or(2) agreement of consolidation;is not required under this chapter if the corporation surviving the merger or consolidation is an institution organized or reorganized under the laws of the United States or a state (as defined in IC 28-2-17-19) other than Indiana.As added by P.L.122-1994, SEC.41. Amended by P.L.171-1996, SEC.2.
Indiana Legal Code