17-5552


Chapter 17.--CORPORATIONS


Article 55.--SAVINGS AND LOAN CODE; POWERS

     
17-5552.   Same; applications for repurchase canceled when members approve
proposed plan of reorganization.

Upon the vote of the members of an association in approval of a proposed
plan of reorganization, all pending applications for repurchase of shares
shall be canceled.

     
History:   L. 1943, ch. 133, § 130; July 1.