Alaska Stat. § 06.15.220

Current through Chapter 3 of the 2024 Legislative Session

Section 06.15.220 - Interest on deposits

A mutual bank may pay interest on deposits from net earnings and undivided profits at the rates and intervals that its trustees or the persons to whom the trustees have delegated the trustees' authority approve.

AS 06.15.220

Amended by SLA 2022, ch. 20,sec. 16, eff. 6/29/2022, app. to deposit interest that is approved on or after 6/29/2022.