Subject to the provisions of this chapter and the regulations adopted under this chapter, a mutual bank may invest in first mortgages in the same manner and with the same limitations as a bank organized under AS 06.05.
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.