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Section 1 - Definitions - Section 1. As used in this chapter the following words,...
Section 2 - Reorganization of Mutual Banking Institution - Section 2. (a) Notwithstanding any general or special law to...
Section 3 - Notice of Proposed Reorganization to Commissioner; Factors to Be Considered - Section 3. A mutual banking institution proposing to reorganize as...
Section 4 - Board of Corporators; Members; Term; Election - Section 4. (a) A mutual holding company shall be governed...
Section 5 - Application for Proposed Formation of Subsidiary Banking Institution; Factors to Be Considered; Issuance of Charter - Section 5. The mutual banking institution proposing to form a...
Section 6 - Rights, Powers and Privileges of Reorganized Mutual Banking Institution; Corporate Governance Procedures - Section 6. Upon the reorganization of a mutual banking institution...
Section 7 - Mutual Holding Company; Powers and Duties - Section 7. A mutual holding company organized under this chapter...
Section 8 - Registration With Commissioner; Requisite Information - Section 8. Each mutual holding company shall register with the...
Section 9 - Conversion to Stock Holding Company - Section 9. With the approval of the commissioner and subject...
Section 10 - Acquisition or Merger With Another Holding Company - Section 10. If a mutual holding company acquires or merges...
Section 11 - Subsidiary Banking Institution; Issuance of Securities to General Public - Section 11. In addition to its powers under the banking...
Section 12 - Conversion of Mutual Holding Company to a Mutual Banking Institution - Section 12. A mutual company directly or indirectly controlling or...