Alaska Statutes (Last Updated: January 11, 2017) |
Title 06. BANKS AND FINANCIAL INSTITUTIONS. |
Chapter 06.15. MUTUAL SAVINGS BANK ACT. |
Article 06.15.02. BANKING PRACTICES. |
Section 06.15.210. Right to reject, repay, and classify deposits.
Latest version.
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A mutual bank may
(1) reject any sums offered for deposit;
(2) repay any deposit at any time; and
(3) classify and differentiate among deposits on any bases that it may determine.
Notes
History
(Sec. 10 b ch 132 SLA 1960)