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§ 28-6-1-18-2 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 28 - Financial Institutions/
  5. Article 6.1 - Savings Banks/
  6. Chapter 18 - Liquidation and Dissolution of A Savings Bank Organized, Reorganized, or Operating Before January 1, 199328-6.1-18-1. Application of Chapter/
  7. § 28-6-1-18-2
Indiana Legal Code

§ 28-6-1-18-2

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A savings bank may dissolve itself under this chapter if the board of the savings bank determines it is in the best interest of the depositors and other creditors of the savings bank to dissolve the savings bank.As added by P.L.42-1993, SEC.72.