Home/Indiana/Statutes/Art. 6.1: SAVINGS BANKS/Ch. 18: Liquidation and Dissolution of a Savings Bank/§ 28-6.1-18-2
Indiana Statutes

§ 28-6.1-18-2 — Dissolutions; determinations of boards

Indiana § 28-6.1-18-2
JurisdictionIndiana
Art. 6.1SAVINGS BANKS
Ch. 18Liquidation and Dissolution of a Savings Bank

This text of Indiana § 28-6.1-18-2 (Dissolutions; determinations of boards) 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 § 28-6.1-18-2 (2026).

Text

A savings bank may dissolve itself under this chapter if the board of the savings bank determines it is in the best interest of the depositors and other creditors of the savings bank to dissolve the savings bank.

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Legislative History

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

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"
§ 28-1-11-1
General and enumerated rights, privileges, and powers; "bank or trust company"
§ 28-1-11-10
Service as fiduciary without bond; judicial control; requirement of security
§ 28-1-11-11
Safe deposits and escrows
§ 28-1-11-12
Federal reserve system and federal deposit insurance corporation membership; federal securities
§ 28-1-11-12.5
Federal home loan bank; investments; membership; loans; transfer, assignment, and pledge of bonds, notes, contracts, mortgages, securities, and other property
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Bluebook (online)
Indiana § 28-6.1-18-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-6.1-18-2.