Requirements for savings associations organized or recognized under this title

Ind. Code § 28-12-11-3
in effect
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Sec. 3. The department shall determine the capital stock requirements of a savings association organized or reorganized under this title after giving consideration to the following: (1) In the case of a proposed new savings association, the potential deposit liability anticipated. (2) In the case of a savings association to be reorganized, the existing deposit liability. As added by P.L.42-1993, SEC.92. Amended by P.L.79-1998, SEC.88.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/28Fetched: 10/17/2026

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