Indiana Statutes
§ 28-6.1-19-11 — Hearings on objections
(a)If a statement is filed under section 10
of this chapter, the matter shall be docketed upon the books of the
court, entitled "In the Matter of the Proposed Sale of Assets of
_____________" (inserting the name of the savings bank).
(b)The savings bank is considered to have denied all the allegations
in the statement without filing any pleadings.
(c)After notice of the objections to the savings bank as required by
the court, the court shall hear the evidence and determine the matter as
soon as possible.
(d)The burden of proof is on the objector.
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Indiana § 28-6.1-19-11 (Hearings on objections) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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"§ 28-1-11-11
Safe deposits and escrows