28-6.2-1-18. "Resulting savings bank" defined

IN Code § 28-6.2-1-18 (2019) (N/A)
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Sec. 18. "Resulting savings bank" means a stock savings bank that is organized as a subsidiary of a reorganizing savings bank to receive a substantial part of the assets and liabilities, including all deposit accounts, of the reorganizing savings bank upon consummation of the reorganization.

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