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2019 Alaska Statutes
Title 6. Banks and Financial Institutions
Chapter 15. Mutual Savings Bank Act
Article 3. Branches, Conversion, Merger, and Consolidation.
Sec. 06.15.310. Conversion of mutual bank to thrift institution.
Universal Citation: AK Stat § 06.15.310 (2019)
A mutual bank may, with the approval of the regulatory authority having jurisdiction over the creation of the thrift institution and upon the affirmative vote of a majority of its corporators, convert itself into a thrift institution organized under federal law or the laws of this state.
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