Sale of Banks, Trust Companies, and Building and Loan Associations

  1. Law
  2. Indiana Code
  3. Financial Institutions
  4. Department of Financial Institutions
  5. Sale of Banks, Trust Companies, and Building and Loan Associations

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Section
28-1-8-0.5

"Corporation"

Section
28-1-8-0.7

"Shareholder"

Section
28-1-8-1

Disposition of Property and Assets; Authority; Compliance With Procedures

Section
28-1-8-2

Resolution Proposing Sale or Other Disposition; Submission to Shareholders

Section
28-1-8-3

Submission of Resolution to Department; Conditions for Approval; Economic Benefits to Officers or Directors

Section
28-1-8-4

Submission to Shareholders; Vote Required; Exception for Corporation in Danger of Insolvency

Section
28-1-8-5

Dissenting Shareholders; Effective Date of Disposition; Inapplicability to Credit Unions, Mutual Savings Banks, and Mutual Savings Associations

Section
28-1-8-6

Purchase of Assets; Submission of Resolution and Application to Department; Factors for Department's Approval; Exceptions to Approval Requirement