Ind. Code § 28-2-13-1
Acquired bank
Indiana · Indiana Code Title 28 — Financial Institutions · Status: effective
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- Citation
- Ind. Code § 28-2-13-1, Acquired bank, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1666048
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Full text
Sec. 1. As used in this chapter, "acquired bank" means:
(1) any nonsurviving bank in a merger or consolidation of banks; or
(2) any bank that:
(A) sells all or substantially all of its assets; and
(B) subsequently dissolves as a result of the transaction.