Permissive transfer of stock, assets, or liabilities

Ind. Code § 28-6.2-5-7
in effect
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Sec. 7. With the written approval of the department, a mutual holding company may do the following: (1) Directly or indirectly transfer any interest in stock that it holds in any subsidiary savings bank. (2) Cause or permit the transfer of all or a substantial portion of the assets or liabilities of any subsidiary savings bank. As added by P.L.122-1994, SEC.101.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/28Fetched: 10/17/2026
Ind. Code § 28-6.2-5-7 — Permissive transfer of stock, assets, or liabilities | Indiana Code (Aug. 2026 snapshot) | Corpus