Current through P.L. 171-2024
Section 28-1-32-9 - Department approval of conversion(a) The department may approve or disapprove a conversion plan filed under section 8 of this chapter.(b) The department is not required to hold a hearing on the conversion plan.(c) Solicitation of the votes of voting parties may occur before the savings association receives the department's approval of the conversion plan.As added by P.L. 1-2006, SEC.491.