Acquisition of Financial Institutions

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Sec. 15. Subject to the limitations of this chapter, a foreign bank holding company is entitled to acquire one (1) or more:

(1) Indiana banks;

(2) Indiana bank holding companies; or

(3) foreign bank holding companies that have acquired one (1) or more Indiana banks;

after approval by the department.

As added by P.L.279-1987, SEC.9. Amended by P.L.33-1991, SEC.41; P.L.42-1993, SEC.68.


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