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Subchapter I. General Provisions
§ 1601. Establishment of savings banks; definition. - Savings banks shall be established or created in this State...
§ 1602. Applicability of other laws. - Every corporation created under this chapter shall be deemed to...
§ 1603. Taxation. - Every corporation created by or under this chapter shall be...
Subchapter II. Formation of a Savings Bank
§ 1621. Incorporators; number and qualifications. - Three or more persons of lawful age, at least 2...
§ 1622. Articles of association; contents and execution. - (a) The articles of association shall set forth that the...
§ 1623. Notice of intention to incorporate; publication. - Notice of the intention of the incorporators to form a...
§ 1624. Application for a certificate of public convenience and advantage. - Within 60 days after the second publication of the notice...
§ 1625. Determination of public convenience. - Upon the application for a certificate that public convenience and...
§ 1626. Organization meeting of incorporators; notice; proceedings. - (a) The first meeting of the incorporators shall be called...
§ 1627. Articles of organization. - The president and a majority of the directors elected at...
§ 1628. Approval of articles of organization. - The articles of organization, together with the records of the...
§ 1629. Filing of articles of organization. - The articles of organization with the endorsement of the State...
§ 1630. Certificate of incorporation; issuance, form, recording and evidence. - (a) Upon the filing of the articles of organization as...
§ 1631. Commencement of corporate existence. - Upon the issuance of the certificate of incorporation by the...
§ 1632. Commencement of business; certificate authorizing. - (a) A certified copy of the certificate of incorporation and...
§ 1633. Revocation of charter for failure to commence business within reasonable time. - Every corporation created under this chapter shall, after the expiration...
§ 1634. Fees of Secretary of State and Commissioner. - The following fees shall be collected by and paid to...
Subchapter III. Conduct of Internal Corporate Affairs
§ 1641. Bylaws, adoption, amendment and repeal. - A corporation may adopt bylaws for the proper management of...
§ 1642. Directors; number, quorum, term, vacancies and oath. - (a) The business of every corporation organized under this chapter...
§ 1643. Stockholders' meetings; time, place, adjournment and quorum. - (a) Meetings of stockholders (except the meeting of incorporators referred...
§ 1644. Voting rights of stockholders. - Each stockholder shall, at every meeting of the stockholders, be...
§ 1645. Capital stock; minimum required. - The capital stock of a savings bank organized under this...
§ 1646. Par value of stock; payment for and issuance; increase and reduction. - The capital stock shall be divided into shares of a...
§ 1647. Stockholders' liability. - The private property of the stockholders shall not be subject...
§ 1648. Dividends. - The directors of a savings bank may declare dividends on...
§ 1649. Meetings of members of nonstock corporations; voting rights; time, place, adjournment and quorum. - (a) Unless otherwise provided in the certificate of incorporation of...
§ 1650. Amendment of charter. - (a) Savings banks organized under this chapter shall amend their...
Subchapter IV. Powers and Prohibitions
§ 1661. General powers of corporations organized under this chapter. - (a) A corporation established under and in compliance with this...
§ 1662. Limitations on powers and activities of savings banks. - (a) (1) A savings bank shall operate so as to...
§ 1663. Loans on security of and purchase of its own capital stock. - No corporation established under this chapter shall directly or indirectly...
§ 1664. Conversion of a nonstock savings bank to a stock savings bank. - Subject to the approval of the Commissioner, a savings bank...
§ 1665. Reorganization as a mutual holding company. - Subject to the approval of the State Bank Commissioner, a...