Indiana § 28-2-17-15 "Interstate merger transaction" defined

Indiana Statutes

§ 28-2-17-15 — "Interstate merger transaction" defined

Indiana·Art. 2 BANKS·Ch. 17 Interstate Bank Mergers

As used in this chapter, "interstate merger transaction" means:

(1)the merger or consolidation of banks with different home states, and the conversion of branches of any bank involved in the merger or consolidation into branches of the resulting bank; or

(2)the purchase of all the assets (including all of the branches) of a bank whose home state is different from the home state of the acquiring bank that results in the dissolution of the selling bank.

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As used in this chapter, "interstate merger
transaction" means:
(1) the merger or consolidation of banks with different home
states, and the conversion of branches of any bank involved in the
merger or consolidation into branches of the resulting bank; or
(2) the purchase of all the assets (including all of the branches) of
a bank whose home state is different from the home state of the
acquiring bank that results in the dissolution of the selling bank.

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