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§ 28-6-2-2-11 — 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. § 28-6-2-2-11
Indiana Legal Code

§ 28-6-2-2-11

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A reorganization plan adopted by the boards of directors of the reorganizing savings bank and any acquiree savings bank may be:(1) amended by those boards as a result of any regulator's comments:(A) before any solicitation of proxies from the members to vote on the reorganization plan; and(B) at any later time with the consent of the director; or(2) terminated by either board:(A) at any time before the meeting at which the members vote on the reorganization plan; or(B) at any later time;with the consent of the department.As added by P.L.122-1994, SEC.101.