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§ 28-6-2-2-10 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 28 - Financial Institutions/
  5. Article 6.2 - Mutual Savings Bank Holding Companies/
  6. Chapter 2 - Reorganizing As A Mutual Savings Bank Holding Company28-6.2-2-1. Procedures for Reorganization/
  7. § 28-6-2-2-10
Indiana Legal Code

§ 28-6-2-2-10

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Each person who holds a deposit account in a reorganizing savings bank or any acquiree savings bank immediately before the reorganization shall receive, upon consummation of the reorganization, without payment, an identical deposit account in the resulting savings bank or the acquiree savings bank.As added by P.L.122-1994, SEC.101.