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 06.15.120. Exceptions.
Latest version.
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Upon application by a mutual bank, an exception may be granted to any prohibition contained in AS 06.15.100 following a determination by the department that the exception sought is equitable, is supported by evidence, and is in the best interests of the depositors of the mutual bank.
Notes
History
(Sec. 6 f ch 132 SLA 1960)