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Alaska Statutes (Last Updated: January 11, 2017) |
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Title 06. BANKS AND FINANCIAL INSTITUTIONS. |
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Chapter 06.15. MUTUAL SAVINGS BANK ACT. |
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Article 06.15.01. FORMATION AND MANAGEMENT OF MUTUAL BANKS. |
Section 06.15.010. Declaration of policy.
Latest version.
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In providing authority for the establishment of mutual savings banks it is the intent of the legislature to make available the benefits of mutual savings banking, thereby encouraging the practice of thrift and promoting the accumulation of funds for investment to develop the economy. For the accomplishment of these purposes, the legislature intends by this chapter to vest in mutual banks those powers generally possessed by state-chartered mutual savings banks and to grant authority to the Department of Commerce, Community, and Economic Development to define powers and to adopt regulations designed to enable mutual savings banks to perform their functions and to carry out the above purposes, subject to the provisions of AS 06.05 (Alaska Banking Code) that are not inconsistent with this chapter.
Notes
Recent Bills that will modify this
HB 362 TRANSFER DUTIES: COMMERCE TO REVENUE
Implemented As
3 AAC 01.210
3 AAC 01.220
3 AAC 01.905
3 AAC 01.910
3 AAC 02.129
3 AAC 06.010
3 AAC 06.110
3 AAC 06.120
3 AAC 06.210
3 AAC 06.220
3 AAC 06.230
3 AAC 06.310
3 AAC 06.315
3 AAC 06.320
3 AAC 06.325
3 AAC 06.399
3 AAC 06.410
3 AAC 06.420
3 AAC 06.910
History
(Sec. 2 ch 132 SLA 1960; am Sec. 21 ch 218 SLA 1976)