Indiana Statutes
§ 28-1-21.7-3 — "Mutual bank"
Indiana § 28-1-21.7-3
JurisdictionIndiana
Art. 1DEPARTMENT OF FINANCIAL INSTITUTIONS
Ch. 21.7Charter Conversion of Mutual Savings Associations
This text of Indiana § 28-1-21.7-3 ("Mutual bank") is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 28-1-21.7-3 (2026).
Text
(a)As used in this chapter, "mutual bank"
means a mutual savings bank governed by IC 28-6.1.
(b)A reference in IC 28-6.1 to formation and operation of a savings
bank by a board means formation by conversion under this chapter and
operation by a board of directors elected by members under IC 28-13.
(c)IC 28-6.1-3 does not apply to mutual banks formed by
conversion under this chapter.
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Legislative History
As added by P.L.147-1990, SEC.3. Amended by P.L.42-1993,
SEC.39.
Nearby Sections
15
§ 28-1-1-1
Short title§ 28-1-1-2
Application of article§ 28-1-1-3
Definitions§ 28-1-1-3.5
Affiliate relationship§ 28-1-1-3.7
"Emancipated youth"§ 28-1-1-3.9
"Foster youth"§ 28-1-1-4
"Fund"§ 28-1-1-5
References to savings associations§ 28-1-1-6
"Depository financial institution"§ 28-1-1-7
"Qualified youth"§ 28-1-11-11
Safe deposits and escrowsCite This Page — Counsel Stack
Bluebook (online)
Indiana § 28-1-21.7-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-1-21.7-3.