A mutual bank may accept savings deposits to be held solely and absolutely in its own right by or in trust or other fiduciary capacity for any person, including an adult or minor individual, male or female, single or married, a partnership, nonprofit organization, association, fiduciary, corporation, or political subdivision or public or governmental unit. The bank may issue a passbook or other evidence of its obligation to repay the savings deposits.
Section: Previous 06.15.150 06.15.160 06.15.170 06.15.180 06.15.190 06.15.210 06.15.220 06.15.230 06.15.240 06.15.250 06.15.260 06.15.270 06.15.280 NextLast modified: November 15, 2016