Sec. 06.15.130. Deposit of funds.
44 words·~1 min read·
/ak/title-6/chapter-15/06-15-130A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 06.15.130. Deposit of funds.
A mutual bank may not deposit any of its funds except with a depositary approved by vote of a majority of all the trustees, exclusive of any trustee who is an officer, partner, director or trustee of the depositary.