17-10a08


Chapter 17.--CORPORATIONS


Article 10a.--FEDERAL HOME LOAN BANK MEMBERS; SAVINGS AND LOAN ASSOCIATIONS

     
17-10a08.   Rights and privileges granted to federal savings and loan
associations.

Every federal savings and loan association incorporated under the
provisions of section 5 [*] of the home owners' loan act of 1933, doing
business in this state and the shares or accounts issued by any such
association shall have all the rights, powers, and privileges, and shall be
entitled to the same exemptions and immunities as are building and loan
associations organized under the laws of this state and the shares of such
associations.

     
History:   L. 1937, ch. 174, § 1; March 31.