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Alaska Statutes.

Title 6. Banks and Financial Institutions

Chapter 15. Mutual Savings Bank Act

Chapter 15. Mutual Savings Bank Act

Section 10. Declaration of Policy.

Section 20. Chartering of Mutual Banks.

Section 30. Issuance of Charter.

Section 40. Qualification of Corporators.

Section 50. Corporators.

Section 60. Trustees.

Section 70. Terms of Trustees.

Section 80. Management and Control of Mutual Bank; Bylaws.

Section 90. Failure to Attend Meetings.

Section 100. Prohibited Conduct of Trustees.

Section 105. Trustee Borrowing.

Section 110. Trustee as Officer or Attorney.

Section 120. Exceptions.

Section 130. Deposit of Funds.

Section 140. Commencement of Operation.

Section 150. Surplus Requirements.

Section 160. Additions to Surplus.

Section 170. Limitation On Use of Surplus.

Section 180. Borrowing.

Section 190. Deposits.

Section 210. Right to Reject, Repay, and Classify Deposits.

Section 220. Interest On Deposits.

Section 230. Withdrawal of Deposits.

Section 240. Investments Authorized.

Section 250. Investment in First Mortgages.

Section 260. Investment in Bankers' Acceptances.

Section 270. Investment in Corporate Securities.

Section 280. Investment in Promissory Notes.

Section 290. Establishment of Branches.

Section 300. Conversion of Thrift Institution to Mutual Bank.

Section 310. Conversion of Mutual Bank to Thrift Institution.

Section 320. Merger and Consolidation of Mutual Banks.

Section 330. Condition of Department Approval.

Section 340. Transfer and Exercise of Rights.

Section 350. General Powers.

Section 360. Additional Powers.

Section 370. Definitions.

Section 380. Short Title.

Article 01. FORMATION AND MANAGEMENT OF MUTUAL BANKS

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Note to HTML Version:

This version of the Alaska Statutes is current through December, 2004. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful.

Last modified 9/3/2005