Indiana Statutes
§ 28-15-10-8 — Acquisition of Indiana savings associations
(a)The acquisition of an Indiana savings
association under section 6 of this chapter includes the acquisition of
all subsidiaries of the Indiana savings association.
(b)The acquisition of the holding company of an Indiana savings
association under this chapter includes the acquisition of:
(1)the Indiana savings association subsidiaries of the acquired
Indiana savings association holding company; and
(2)all branches of the Indiana savings association subsidiaries of
the acquired Indiana savings association holding company.
(c)After an acquisition under section 6 of this chapter:
(1)an acquiring foreign savings association;
(2)an acquired Indiana savings association; and
(3)the subsidiaries of an acquired Indiana savings association
holding company;
have the same branching rights as
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Legislative History
As added by P.L.193-1997, SEC.2.
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