Ind. Code § 28-2-17-15

Current through P.L. 171-2024

Section 28-2-17-15 - "Interstate merger transaction" defined

As used in this chapter, "interstate merger transaction" means:

(1) the merger or consolidation of banks with different home states, and the conversion of branches of any bank involved in the merger or consolidation into branches of the resulting bank; or

(2) the purchase of all the assets (including all of the branches) of a bank whose home state is different from the home state of the acquiring bank that results in the dissolution of the selling bank.

IC 28-2-17-15

As added by P.L. 171-1996, SEC.36.