Alaska Statutes Title 06, Chapter 06.15, Article 03 - Branches, Conversion, Merger, and Consolidation

• Sec. 06.15.290 Establishment of Branches.
  A mutual bank may, with the approval of the department, establish and operate branches inside the state. Before approving the establishment and operation of...
• Sec. 06.15.300 Conversion of Thrift Institution to Mutual Bank.
  Any thrift institution other than a mutual bank may, with the approval of the department, convert itself into a mutual bank upon the affirmative...
• Sec. 06.15.310 Conversion of Mutual Bank to Thrift Institution.
  A mutual bank may, with the approval of the regulatory authority having jurisdiction over the creation of the thrift institution and upon the affirmative...
• Sec. 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...
• Sec. 06.15.330 Condition of Department Approval.
  Before approving a merger or consolidation the department shall give consideration to the purposes of this chapter and the prospects of the surviving or...
• Sec. 06.15.340 Transfer and Exercise of Rights.
  All rights, franchises, and property interests of the merged or consolidating mutual banks are transferred to and vested in the surviving or consolidated mutual...

Last modified: November 15, 2016