GroundRules
AS 06.15.310: Conversion of mutual bank to thrift institution.
Where this section sits in the code
- Title 6. Banks and Financial Institutions.
- Chapter 15. Mutual Savings Bank Act.
- Article 3. Branches, Conversion, Merger, and Consolidation.
A mutual bank may, with the approval of the regulatory authority having jurisdiction over the creation of the thrift institution and upon the affirmative vote of a majority of its corporators, convert itself into a thrift institution organized under federal law or the laws of this state.
Collected 2026-09-02T06:16:15Z. Source file · JSON