§ 28-6.2-1-20 — "Stock" defined

Indiana § 28-6.2-1-20

• Jurisdiction: Indiana
• Art. 6.2: MUTUAL SAVINGS BANK HOLDING
• Ch. 1: Definitions

Text

(a) "Stock" means the units into which the
proprietary interests of a savings bank are divided.
(b) The term includes:
(1) common or preferred stock;
(2) any other type of equity security;
(3) warrants or options to acquire common or preferred stock; and
(4) other securities that are convertible into common or preferred
stock.

Legislative History

As added by P.L.122-1994, SEC.101.