Alaska Stat. § 06.15.250

Current through Chapter 3 of the 2024 Legislative Session

Section 06.15.250 - Investment in first mortgages

Subject to the provisions of this chapter and the regulations adopted under this chapter, a mutual bank may invest in first mortgages in the same manner and with the same limitations as a bank organized under AS 06.05.

AS 06.15.250

Amended by SLA 2022, ch. 20,sec. 18, eff. 6/29/2022, app. to first mortgages that a mutual bank invests in on or after 6/29/2022.

Amended by SLA 2012, ch. 64,sec. 3, eff. 1/1/2013.