§ 9-313
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§9–313.
(a)If its charter or bylaws provide, a savings and loan association that is not a deposit association may issue savings share accounts.
(b)Notwithstanding any provision in its charter or bylaws before July 1, 1980 on the number of savings share accounts, a savings and loan association that is not a deposit association may accept subscriptions and payment for an unlimited number of savings share accounts without other corporate action.