Florida Statutes Title XXXVIII Chapter 667 - Savings Banks

• 667.001 - Short Title.
  This chapter may be cited as the “Florida Savings Bank Act.”History.—s. 15, ch. 97-30.
• 667.002 - Definitions.
  Except to the extent specifically qualified by context, when used in this chapter:(1) “Capital stock” means the aggregate of shares of nonwithdrawable capital issued by a...
• 667.003 - Applicability Of Chapter 658.
  Any state savings bank is subject to all the provisions, and entitled to all the privileges, of the financial institutions codes except where it appears,...
• 667.004 - Name.
  The name of every savings bank shall include the words “savings bank.” The use of the words “National,” “Federal,” “United States,” “insured,” or “guaranteed,” separately...
• 667.005 - Reorganization, Merger, Or Consolidation With A Foreign Savings Bank.
  (1) A savings bank shall have the power to reorganize, merge, or consolidate with a foreign savings bank, as defined in s. 667.013, subject to the...
• 667.006 - Conversion Of State Or Federal Mutual Savings Bank Or State Or Federal Mutual Association To Capital Stock Savings Bank.
  (1) CONVERSION INTO CAPITAL STOCK SAVINGS BANK.—Any state or federal mutual savings bank or state or federal mutual association may apply to the office for permission...
• 667.007 - Supervisory Case; Emergency Conversion, Reorganization, Merger; Consolidation; Acquisition Of Assets.
  (1) The office may determine that a state or federal savings bank is a supervisory case if it finds that:(a) The savings bank is insolvent; or(b) The savings...
• 667.008 - Acquisition Of Assets Of Or Control Over A Savings Bank.
  (1)(a) In any case in which a person or group of persons proposes to purchase or acquire voting common stock of any capital stock savings bank,...
• 667.009 - Powers Of Savings Bank Generally.
  Every savings bank incorporated pursuant to or operating under the provisions of the financial institutions codes shall have all the powers enumerated, authorized, and permitted...
• 667.010 - Loans.
  On an annual average, based on monthly computations, a savings bank shall have invested at least 50 percent of assets, other than liquid assets of...
• 667.011 - Loan Expenses.
  Every savings bank may require borrowers to pay all reasonable expenses incurred in connection with the making, closing, disbursing, extending, readjusting, or renewing of real...
• 667.012 - Dealing With Successors In Interest.
  In the case of any investment made by a savings bank in a real estate loan, in the event the ownership of the real estate...
• 667.013 - Foreign Savings Banks.
  (1) DEFINED.—For the purposes of this section, the term “foreign savings bank” includes any domestic joint venture, business trust, syndicate, firm, company, savings bank, fiduciary, partnership,...

Last modified: September 23, 2016