As a prerequisite to approval of any application for a proposed permanent stock association, the incorporators must show, to the satisfaction of the Savings and Loan Association Board [abolished], subscribed savings accounts from individuals in the aggregate number and amount which, in the opinion of the board, will justify the initial successful operation of the association.
Section: Previous 23-37-302 23-37-303 23-37-304 23-37-305 23-37-306 23-37-307 23-37-308 23-37-309 23-37-310 23-37-311 23-37-312 23-37-313 23-37-314 23-37-315 NextLast modified: November 15, 2016