Indiana Statutes
§ 28-1-7.5-11 — Redemption by holding company of its outstanding common stock
Indiana § 28-1-7.5-11
JurisdictionIndiana
Art. 1DEPARTMENT OF FINANCIAL INSTITUTIONS
Ch. 7.5Formation of Certain Bank Holding Companies
This text of Indiana § 28-1-7.5-11 (Redemption by holding company of its outstanding common stock) 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 § 28-1-7.5-11 (2026).
Text
Within thirty (30) days after the plan of
exchange becomes effective, the holding company shall redeem all
shares of common stock of the holding company that were outstanding
immediately before the effective time of the exchange. The holding
company shall redeem the shares in the manner provided in the plan of
exchange.
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Legislative History
As added by P.L.238-1983, SEC.10.
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
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Bluebook (online)
Indiana § 28-1-7.5-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-1-7.5-11.