Alaska Stat. § 06.15.030

Current through Chapter 3 of the 2024 Legislative Session
Section 06.15.030 - Issuance of charter

A charter shall be issued if the department finds that a mutual bank will serve a useful purpose in the community in which it is proposed to be established, that there is reasonable expectation of its financial success, and that its operation will not unduly injure existing banking institutions.

AS 06.15.030