Indiana § 28-1-32-14 Filing articles of conversion

Indiana Statutes

§ 28-1-32-14 — Filing articles of conversion

Indiana § 28-1-32-14

Art. 1DEPARTMENT OF FINANCIAL INSTITUTIONS

Ch. 32Conversion of a Mutual Savings Association Into a

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Bluebook

Ind. Code § 28-1-32-14 (2026).

Text

(a)A savings association converting into a credit union under this chapter shall file with the secretary of state the articles of conversion showing the approval of the director of the department.

(b)The converting savings association shall record copies of the articles of conversion with the county recorder of the county where the principal office of the credit union will be located.

(c)The articles of conversion constitute articles of incorporation of the resulting credit union and must set forth the elements required in IC 28-7-1-1(b).

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(a) A savings association converting into a
credit union under this chapter shall file with the secretary of state the
articles of conversion showing the approval of the director of the
department.
(b) The converting savings association shall record copies of the
articles of conversion with the county recorder of the county where the
principal office of the credit union will be located.
(c) The articles of conversion constitute articles of incorporation of
the resulting credit union and must set forth the elements required in
IC 28-7-1-1(b).