Before approving a merger or consolidation the department shall give consideration to the purposes of this chapter and the prospects of the surviving or consolidated mutual bank for financial success and its ability to discharge the duties and conform to the restrictions imposed upon a mutual bank.
Structure Alaska Statutes
Title 6. Banks and Financial Institutions
Chapter 15. Mutual Savings Bank Act
Article 3. Branches, Conversion, Merger, and Consolidation.
Sec. 06.15.290. Changes of location; branch banks.
Sec. 06.15.300. Conversion of thrift institution to mutual bank.
Sec. 06.15.310. Conversion of mutual bank to thrift institution.
Sec. 06.15.320. Merger and consolidation of mutual banks.