Ind. Code § 28-1-7.5-11
Redemption by holding company of its outstanding common stock
Indiana · Indiana Code Title 28 — Financial Institutions · Status: effective
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- Citation
- Ind. Code § 28-1-7.5-11, Redemption by holding company of its outstanding common stock, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1665622
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Full text
Sec. 11. Within thirty (30) days after the plan of exchange becomes effective, the holding company shall redeem all shares of common stock of the holding company that were outstanding immediately before the effective time of the exchange. The holding company shall redeem the shares in the manner provided in the plan of exchange.