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Bylaws; requirement to commence business; form

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Indiana Code › Title 28 › Article 7 › Chapter 1 › Section 28-7-1-3

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

Sec. 3. A credit union may not commence business until it submits a completed set of bylaws to the department. The department shall have a form of bylaws prepared, consistent with this chapter, which shall be used by credit union incorporators. Bylaws shall be available to persons desiring to organize a credit union.

Formerly: Acts 1961, c.182, s.3. As amended by Acts 1977, P.L.294, SEC.3; P.L.263-1995, SEC.3.

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