Disposition of Property and Assets

1. Law
2. Indiana Code
3. Financial Institutions
4. Savings Banks
5. Disposition of Substantially All the Assets of a Savings Bank Organized Before July 1, 1993
6. Disposition of Property and Assets

Sec. 3. A savings bank may, at any time if otherwise lawful, dispose of all or substantially all of its property and assets, including good will, upon terms and conditions and for consideration the savings bank considers beneficial.

As added by P.L.42-1993, SEC.72.

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