GroundRules
AS 06.15.180: Borrowing.
Where this section sits in the code
- Title 6. Banks and Financial Institutions.
- Chapter 15. Mutual Savings Bank Act.
- Article 2. Banking Practices.
The aggregate amount of outstanding liabilities of a mutual bank for money borrowed may not at any time exceed 15 percent of the total assets of the mutual bank unless the department approves a larger percentage of the total assets of the mutual bank.
Collected 2026-09-02T06:16:15Z. Source file · JSON