Sec. 4.1. (a) The provisions concerning indemnification of directors set forth in IC 28-13-13 shall apply to savings banks formed before January 1, 1993.
(b) In the application of IC 28-13-13 to a savings bank formed before January 1, 1993, references in IC 28-13-13 to “directors” and “the board of directors” shall be treated as referring to the trustees and the board of trustees of the savings bank.
As added by P.L.122-1994, SEC.97.