Indiana Statutes
§ 28-1-7-23 — Effect of merger or consolidation upon letters of administration or letters testamentary
Indiana·Art. 1 DEPARTMENT OF FINANCIAL INSTITUTIONS·Ch. 7 Merger and Consolidation of Banks, Trust Companies,
Nothing done in connection with the
consolidation or merger of any two (2) or more banks, banks of
discount and deposit, trust companies, savings banks, corporate
fiduciaries, or building and loan associations shall be deemed to be or
to effect a renunciation or revocation of any letters of administration or
letters testamentary, pertaining to such relation, nor a removal or
resignation from any such executorship or trusteeship or any other
fiduciary relationship.
Formerly: Acts 1933, c.40, s.136. As amended by P.L.122-1994,
SEC.58; P.L.262-1995, SEC.12.
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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 escrows