GroundRules
AS 06.15.330: Condition of department approval.
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.
Before approving a merger or consolidation the department shall give consideration to the purposes of this chapter and the prospects of the surviving or consolidated mutual bank for financial success and its ability to discharge the duties and conform to the restrictions imposed upon a mutual bank.
Collected 2026-09-02T06:16:15Z. Source file · JSON