A mutual bank may pay interest on deposits from net earnings and undivided profits at the rates and intervals that its trustees or the persons to whom the trustees have delegated the trustees' authority approve.
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.