The aggregate amount of outstanding liabilities of a mutual bank for money borrowed may not at any time exceed 15 percent of the total assets of the mutual bank unless the department approves a larger percentage of the total assets of the mutual bank.
Structure Alaska Statutes
Title 6. Banks and Financial Institutions
Chapter 15. Mutual Savings Bank Act
Sec. 06.15.210. Right to reject, repay, and classify deposits.
Sec. 06.15.220. Interest on deposits.
Sec. 06.15.240. Investments authorized.
Sec. 06.15.250. Investment in first mortgages.
Sec. 06.15.260. Investment in bankers' acceptances.