Indiana Statutes

§ 28-6.2-5-8 — Waiver of right to receive dividend; authorization

Indiana § 28-6.2-5-8
JurisdictionIndiana
Art. 6.2MUTUAL SAVINGS BANK HOLDING
Ch. 5Powers of a Mutual Holding Company

This text of Indiana § 28-6.2-5-8 (Waiver of right to receive dividend; authorization) 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 § 28-6.2-5-8 (2026).

Text

Unless authorized by the director, a mutual holding company may not waive its right to receive any dividend declared by a subsidiary.

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Legislative History

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

Nearby Sections

15
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Bluebook (online)
Indiana § 28-6.2-5-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-6.2-5-8.