Amendment of Articles as to Corporate Duration

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Sec. 2. Any bank or trust company organized under any statute of this state may amend its articles of incorporation in the manner prescribed in IC 28-13-14. Any bank or trust company electing to amend its articles of incorporation in such manner may, among other things, provide that such bank or trust company may continue as a corporation, under its corporate name, for the period limited in its articles of incorporation as amended, or, if the period is not so limited therein, then perpetually.

Formerly: Acts 1941, c.166, s.2. As amended by P.L.263-1985, SEC.134; P.L.14-1992, SEC.111.


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