Alaska Statutes (Last Updated: January 11, 2017) |
Title 06. BANKS AND FINANCIAL INSTITUTIONS. |
Chapter 06.15. MUTUAL SAVINGS BANK ACT. |
Article 06.15.01. FORMATION AND MANAGEMENT OF MUTUAL BANKS. |
Section 06.15.060. Trustees.
Latest version.
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The corporators shall elect a board of trustees from among their number, consisting of not less than seven nor more than 25, or one-half of all the corporators minus one, whichever is less. A majority of the trustees shall be residents of this state.
Notes
History
(Sec. 6 a ch 132 SLA 1960)