Section 1116.11 | Transfer of assets and liabilities.
Effective:
January 1, 2018
Latest Legislation:
House Bill 49 - 132nd General Assembly
All assets, rights, obligations, and liabilities of a reorganizing mutual state bank that are not expressly retained by the mutual holding company shall be transferred to the resulting stock state bank.
Available Versions of this Section
- January 1, 2018 – Enacted by House Bill 49 - 132nd General Assembly [ View January 1, 2018 Version ]