Indiana § 28-1-31-13 - Resulting commercial bank subject to statutes and rules
Full text of Indiana Indiana Code § 28-1-31-13 — Resulting commercial bank subject to statutes and rules, with citation guidance and answers to common questions.
§ 28-1-31-13. Resulting commercial bank subject to statutes and rules
Sec. 13. Upon the effective time of charter conversion, the converted commercial bank shall, unless otherwise provided in this chapter, immediately become subject to all statutes and rules applicable to commercial banks.
As added by P.L.1-2006, SEC.490.
IC 28-1-32Chapter 32. Conversion of a Mutual Savings Association Into a Credit Union
28-1-32-1"Conversion plan" 28-1-32-2"Credit union" 28-1-32-3"Effective time of the conversion" 28-1-32-4"Mutual savings association" 28-1-32-5"Voting parties" 28-1-32-6Voting party rights 28-1-32-7Authorization to convert into credit union 28-1-32-8Conversion procedures 28-1-32-8.1Conversion to federally chartered credit union; requirements; date of charter conversion 28-1-32-9Department approval of conversion 28-1-32-10Requirements for approval 28-1-32-11Rights, privileges, authorizations, and obligations 28-1-32-12Winding up activities 28-1-32-13Branches 28-1-32-14Filing articles of conversion 28-1-32-15Subject to credit union statutes and rules 28-1-32-16Rulemaking authority
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 28-1-31-13
What does Indiana Code § 28-1-31-13 cover?
Section 28-1-31-13 ("Resulting commercial bank subject to statutes and rules") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 28-1-31-13?
A common citation format is "Indiana Code § 28-1-31-13" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 28-1-31-13 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.