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Indiana Code Title 28. Financial Institutions § 28-6.2-1-20

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 20. (a) “Stock” means the units into which the proprietary interests of a savings bank are divided.

(b) The term includes:

(1) common or preferred stock;

(2) any other type of equity security;

(3) warrants or options to acquire common or preferred stock;  and

(4) other securities that are convertible into common or preferred stock.

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Cite this article: FindLaw.com - Indiana Code Title 28. Financial Institutions § 28-6.2-1-20 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-28-financial-institutions/in-code-sect-28-6-2-1-20/

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