All investments in real and personal property, regardless of how acquired, not permitted under AS 06.05.230 that come into the possession of a state bank shall be disposed of as soon as possible.
Structure Alaska Statutes
Title 6. Banks and Financial Institutions
Chapter 05. Alaska Banking Code
Article 3. Reserves, Loans, Investments, Bank Service Corporations, Practices, and Services.
Sec. 06.05.200. Reserves against deposits.
Sec. 06.05.205. Loans and extensions of credit.
Sec. 06.05.207. Real estate loans.
Sec. 06.05.210. Loans to directors, officers, and employees.
Sec. 06.05.211. Loans secured by forest tracts.
Sec. 06.05.215. Liability of directors and officers for certain loans.
Sec. 06.05.225. Application of other laws to loans insured under national housing act.
Sec. 06.05.230. Investment in property and banking premises.
Sec. 06.05.231. Bank service corporations.
Sec. 06.05.235. Bank holding companies.
Sec. 06.05.237. Financial holding companies.
Sec. 06.05.240. Acquisition of property to satisfy or protect previous loan.
Sec. 06.05.245. Disposition of property.
Sec. 06.05.260. Pledge, assignment, and transfer of assets.
Sec. 06.05.262. Assumption of liability.
Sec. 06.05.270. Investments and customer securities.
Sec. 06.05.272. Bank subsidiaries.
Sec. 06.05.275. Trade and bank acceptances.
Sec. 06.05.277. Providing services as agent.
Sec. 06.05.280. Fees connected with obtaining mortgage loans.