Alaska Statutes.
Title 6. Banks and Financial Institutions
Chapter 15. Mutual Savings Bank Act
Section 190. Deposits.
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AS 06.15.190. Deposits.

A mutual bank may accept deposits to be held solely and absolutely in its own right by or in trust or other fiduciary capacity for any person, including an adult or minor individual, male or female, single or married, a partnership, nonprofit organization, association, fiduciary, corporation, or political subdivision or public or governmental unit. The bank may issue a passbook or other evidence of its obligation to repay the deposits.

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