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§ 28-2-17-15 — Indiana Law | CourtGPT
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  3. Indiana/
  4. Title 28 - Financial Institutions/
  5. Article 2 - Banks/
  6. Chapter 17 - Interstate Bank Mergers28-2-17-1. Purpose of Chapter/
  7. § 28-2-17-15
Indiana Legal Code

§ 28-2-17-15

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As used in this chapter, 'interstate merger transaction' means:(1) the merger or consolidation of banks with different home states, and the conversion of branches of any bank involved in the merger or consolidation into branches of the resulting bank; or(2) the purchase of all the assets (including all of the branches) of a bank whose home state is different from the home state of the acquiring bank that results in the dissolution of the selling bank.As added by P.L.171-1996, SEC.36.