Alaska Statutes
Chapter 15. Mutual Savings Bank Act
Article 1. Formation and Management of Mutual Banks.

Sec. 06.15.010. Declaration of policy. - In providing authority for the establishment of mutual savings banks...

Sec. 06.15.020. Chartering of mutual banks. - Upon written application by five signatories from among not less...

Sec. 06.15.030. Issuance of charter. - A charter shall be issued if the department finds that...

Sec. 06.15.040. Qualification of corporators. - (a) Each corporator shall be an individual, not of unsound...

Sec. 06.15.050. Corporators. - At their organizational meeting, the corporators shall adopt rules governing...

Sec. 06.15.060. Trustees. - The corporators shall elect a board of trustees from among...

Sec. 06.15.070. Terms of trustees. - The corporators shall, by a majority vote of those present...

Sec. 06.15.080. Management and control of mutual bank; bylaws. - The management and control of the affairs of a mutual...

Sec. 06.15.090. Failure to attend meetings. - The office of a trustee becomes vacant if the trustee...

Sec. 06.15.100. Prohibited conduct of trustees. - A trustee may not (1) receive remuneration as trustee except...

Sec. 06.15.105. Trustee borrowing. - A person may borrow money from the mutual bank for...

Sec. 06.15.110. Trustee as officer or attorney. - Nothing contained in AS 06.15.100 prohibits or limits any right...

Sec. 06.15.120. Exceptions. - Upon application by a mutual bank, an exception may be...

Sec. 06.15.130. Deposit of funds. - A mutual bank may not deposit any of its funds...

Sec. 06.15.140. Commencement of operation. - (a) A mutual bank may not begin operation until the...