Indiana Statutes

§ 28-6.1-19-13 — Orders enjoining dispositions

Indiana·Art. 6.1 SAVINGS BANKS·Ch. 19 Disposition of Substantially All the Assets of a Savings
If the court finds that the disposition proposed by the resolution is not fair or will not be in the best interests of the depositors or other creditors of the savings bank, the court shall enter an order enjoining the proposed disposition and assessing the costs of the proceeding against the savings bank.

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Indiana § 28-6.1-19-13 (Orders enjoining dispositions) — 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

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