Indiana Statutes

§ 28-2-13-1 — Acquired bank

Indiana·Art. 2 BANKS·Ch. 13 Branch Banks

As used in this chapter, "acquired bank" means:

(1)any nonsurviving bank in a merger or consolidation of banks; or
(2)any bank that:
(A)sells all or substantially all of its assets; and
(B)subsequently dissolves as a result of the transaction.

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Legislative History

As added by P.L.265-1985, SEC.3. Amended by P.L.171-1996, SEC.29.

Nearby Sections

15
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