Section 06.15.220. Interest on deposits.

Latest version.

A mutual bank may pay interest on deposits from net earnings and undivided profits at the rates and intervals that its trustees approve.

Notes

History

(Sec. 10 c ch 132 SLA 1960; am Sec. 3 ch 60 SLA 1962; am Sec. 14 ch 157 SLA 1970)

                    
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