Sec. 6. After the conversion of a federal savings association into a state chartered savings association under section 4 of this chapter, the organization of the savings association shall be completed in the manner provided by IC 28-12 , except that bylaws for the savings association: (1) may be adopted by the members of the federal association when the members adopt the resolution authorizing the conversion; and (2) may become effective upon the issuance of the certificate of incorporation under section 4(g) of this chapter. IC 28-15-15 Chapter 15. Loans to Insiders 28-15-15-1 Extensions of credit to officers, directors, and shareholders
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