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Alaska Statutes.
Title 6. Banks and Financial Institutions
Chapter 15. Mutual Savings Bank Act
Section 260. Investment in Bankers' Acceptances.
previous: Section 250. Investment in First Mortgages.
next: Section 270. Investment in Corporate Securities.

AS 06.15.260. Investment in Bankers' Acceptances.

Subject to the provisions of this chapter and regulations under this chapter a mutual bank may invest in bankers' acceptances that have been accepted by a bank, trust company, national bank, investment company, or banking corporation organized under the laws of the United States or of any state, which is a member of the Federal Reserve System.


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Last modified 9/3/2005