Indiana Statutes

§ 28-6.1-15-12 — Conformation to limitations

Indiana § 28-6.1-15-12
JurisdictionIndiana
Art. 6.1SAVINGS BANKS
Ch. 15Conversion of a Savings Bank to a Bank or Trust

This text of Indiana § 28-6.1-15-12 (Conformation to limitations) 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 § 28-6.1-15-12 (2026).

Text

(a)Subject to subsection (b), a bank or trust company formed under this chapter shall, within three (3) years from its date of conversion, conform to the limitations prescribed by IC 28-1-13.
(b)The department may extend the time for the new bank or trust company to conform to the limitations prescribed by IC 28-1-13 if the interest of the depositors will be protected and served by an extension.

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Legislative History

As added by P.L.42-1993, SEC.72.

Nearby Sections

15
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Bluebook (online)
Indiana § 28-6.1-15-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-6.1-15-12.