IC 28-1-7-0.5 — Approval of department not required
Chapter 7. Merger and Consolidation of Banks, Trust Companies, and Building and Loan Associations
Section text
Sec. 0.5. The approval of the department of an: (1) agreement of merger; or (2) agreement of consolidation; is not required under this chapter if the corporation surviving the merger or consolidation is an institution organized or reorganized under the laws of the United States or a state (as defined in IC 28-2-17-19) other than Indiana.
As added by P.L.122-1994, SEC.41. Amended by P.L.171-1996, SEC.2.
Source: official publisher (2026 edition)