28-6.2-1-2. "Acquiree savings bank" defined

IN Code § 28-6.2-1-2 (2019) (N/A)
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Sec. 2. "Acquiree savings bank" means any savings bank other than a resulting savings bank that:

(1) is acquired by a mutual holding company as part of, and concurrently with, a mutual holding company reorganization; and

(2) is in the mutual form immediately before the acquisition.

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