- (a) To effect the stock savings bank conversion, the converting savings association must file with the secretary of state articles of conversion showing the approval of the director of the department.
- (b) The converting savings association shall record copies of the articles of conversion with the county recorder of the county where the principal office of the stock savings bank is located.
- (c) The articles of conversion constitute articles of incorporation and must set forth the elements required in IC 28-12-2-1 .
As added by P.L.42-1993, SEC.43.