Indiana Statutes

§ 28-7-1-3 — Bylaws; requirement to commence business; form

Indiana·Art. 7 SPECIALIZED FINANCIAL INSTITUTIONS·Ch. 1 Credit Unions
A credit union may not commence business until it submits a completed set of bylaws to the department. The department shall have a form of bylaws prepared, consistent with this chapter, which shall be used by credit union incorporators. Bylaws shall be available to persons desiring to organize a credit union. Formerly: Acts 1961, c.182, s.3. As amended by Acts 1977, P.L.294, SEC.3; P.L.263-1995, SEC.3.

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