GroundRules
AS 06.15.030: Issuance of charter.
Where this section sits in the code
- Title 6. Banks and Financial Institutions.
- Chapter 15. Mutual Savings Bank Act.
A charter shall be issued if the department finds that a mutual bank will serve a useful purpose in the community in which it is proposed to be established, that there is reasonable expectation of its financial success, and that its operation will not unduly injure existing banking institutions.
Collected 2026-09-02T06:16:15Z. Source file · JSON