28-2-17-21. Authority to enter into transaction

IN Code § 28-2-17-21 (2019) (N/A)
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Sec. 21. If the conditions and filing requirements of this chapter are met:

(1) one (1) or more Indiana banks may enter into an interstate merger transaction with one (1) or more out-of-state banks under this chapter; and

(2) an out-of-state bank resulting from a transaction referred to in subdivision (1) may maintain and operate the branches in Indiana of an Indiana bank that participated in the transaction.

As added by P.L.171-1996, SEC.36.