Indiana § 28-15-10-6 Foreign savings association holding company; acquisitions by

Indiana Statutes

§ 28-15-10-6 — Foreign savings association holding company; acquisitions by

Indiana § 28-15-10-6

Art. 15SAVINGS ASSOCIATIONS

Ch. 10Interstate Acquisition of Savings Associations

This text of Indiana § 28-15-10-6 (Foreign savings association holding company; acquisitions by) 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 § 28-15-10-6 (2026).

Text

(a)A foreign savings association holding company is entitled to acquire one (1) or more:

(1)Indiana savings associations; or

(2)Indiana savings association holding companies; after the department grants the application of the foreign savings association holding company for approval of the proposed acquisition.

(b)The department shall approve or deny an application for approval of a proposed acquisition under this section not more than ninety (90) days after the department receives the application, unless the department needs additional time for consideration of the application.

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(a) A foreign savings association holding
company is entitled to acquire one (1) or more:
(1) Indiana savings associations; or
(2) Indiana savings association holding companies;
after the department grants the application of the foreign savings
association holding company for approval of the proposed acquisition.
(b) The department shall approve or deny an application for
approval of a proposed acquisition under this section not more than
ninety (90) days after the department receives the application, unless
the department needs additional time for consideration of the
application.