Alaska Stat. § 06.15.320

Current through Chapter 3 of the 2024 Legislative Session
Section 06.15.320 - Merger and consolidation of mutual banks

Two or more mutual banks may, with the approval of the department, and upon the affirmative vote of not less than two-thirds of the corporators of each such mutual bank, enter into an agreement of merger or consolidation. Thereafter the merger or consolidation shall be effective under the terms of the agreement.

AS 06.15.320