28-1-7-0.5. Approval of department not required

IN Code § 28-1-7-0.5 (2019) (N/A)
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Sec. 0.5. The approval of the department of an:

(1) agreement of merger; or

(2) agreement of consolidation;

is not required under this chapter if the corporation surviving the merger or consolidation is an institution organized or reorganized under the laws of the United States or a state (as defined in IC 28-2-17-19) other than Indiana.

As added by P.L.122-1994, SEC.41. Amended by P.L.171-1996, SEC.2.