Indiana § 28-2-14-14 Findings of fact

Indiana Statutes

§ 28-2-14-14 — Findings of fact

Indiana § 28-2-14-14

Art. 2BANKS

Ch. 14Indiana Bank Holding Companies

This text of Indiana § 28-2-14-14 (Findings of fact) 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 § 28-2-14-14 (2026).

Text

If the department accepts an application for
processing under section 12 of this chapter, the department shall issue
an order approving or disapproving the acquisition. The department
shall include its findings of fact in the order. If the department holds a
hearing under section 13 of this chapter, the findings of fact must
include a finding that the terms and conditions of the acquisition and
of the issuance and exchange of stock of the applicant for the stock of
the bank or bank holding company proposed to be acquired are or are
not fair and reasonable to the shareholders of the bank or bank holding
company proposed to be acquired.

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If the department accepts an application for
processing under section 12 of this chapter, the department shall issue
an order approving or disapproving the acquisition. The department
shall include its findings of fact in the order. If the department holds a
hearing under section 13 of this chapter, the findings of fact must
include a finding that the terms and conditions of the acquisition and
of the issuance and exchange of stock of the applicant for the stock of
the bank or bank holding company proposed to be acquired are or are
not fair and reasonable to the shareholders of the bank or bank holding
company proposed to be acquired.