17-5222.   What corporate name shall include.The name of every association hereafter incorporated shall include thewords "savings" and "association." These words shall be preceded by anappropriate descriptive word or words approved by the board. An ordinalnumber may not be used as a single descriptive word preceding the words"savings" and "association," unless such words are followed by the words"of ________," the blank being filled by the name of the town, city orcounty in which the association has its home office. An ordinal number maybe used together with another descriptive word, preceding the words"savings" and "association," provided the other descriptive word has notbeen used in the corporate name of any other association in the state, inwhich case the suffix mentioned above is not required to be used. Anordinal number may be used together with another descriptive word,preceding the words "savings" and "association" even when such otherdescriptive word has been used in the corporate name of an association inthe state provided the suffix "of ________," as provided above, is alsoused. The suffix provided above may be used in any corporate name.

      History:   L. 1943, ch. 133, § 23; July 1.