17-5533. Same; recognition by state.
17-5533
17-5533. Same; recognition by state.
Any association or corporation, which has heretofore converted itself
into a federal savings and loan association under the provisions of the
home owners' loan act of 1933, and has received a charter from the federal
home loan bank board, shall hereafter be recognized as a federal savings
and loan association and its federal charter shall be given full credence
by the courts of this state to the same extent as if such conversion had
taken place under the provisions of this act: Provided, Such
association shall have filed with the commissioner a copy of the federal
charter or a certificate showing the organization of such association as a
federal savings and loan association.
History: L. 1943, ch. 133, § 111; July 1.