§412:7-202  Membership in federal
home loan bank.  Any savings and loan association may become a member of a
federal home loan bank organized under authority of the Federal Home Loan Bank
Act, or any successor or similar system of federal home loan banks established
by Congress, and may purchase and hold the shares of such federal home loan
bank.  The savings and loan association may have and exercise all powers not in
conflict with the laws of this State incident to such membership; provided,
however that notwithstanding such membership the savings and loan association
and its directors, officers, and shareholders shall continue to be subject to
all liabilities and duties imposed upon them by any law of this State. [L 1993,
c 350, pt of §1]