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§ 28-1-7-23 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 28 - Financial Institutions/
  5. Article 1 - Department of Financial Institutions/
  6. Chapter 7 - Merger and Consolidation of Banks, Trust Companies, and Building and Loan Associations28-1-7-0.5. Approval of Department Not Required/
  7. § 28-1-7-23
Indiana Legal Code

§ 28-1-7-23

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Nothing done in connection with the consolidation or merger of any two (2) or more banks, banks of discount and deposit, trust companies, savings banks, corporate fiduciaries, or building and loan associations shall be deemed to be or to effect a renunciation or revocation of any letters of administration or letters testamentary, pertaining to such relation, nor a removal or resignation from any such executorship or trusteeship or any other fiduciary relationship.Formerly: Acts 1933, c.40, s.136. As amended by P.L.122-1994, SEC.58; P.L.262-1995, SEC.12.