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17-5525

Chapter 17.--CORPORATIONS Article 55.--SAVINGS AND LOAN CODE; POWERS

17-5525. Conversion of state association into federal savings and loan association; vote requirements. Any association may convert itself into a federal savings and loan association in accordance with the provisions of section 5 [*] of home owners' loan act of 1933, as now or hereafter amended, upon a vote of fifty-one percent or more of the votes of all the members of the association at an annual meeting, or at any special meeting called to consider such action.

History: L. 1943, ch. 133, § 103; July 1.

State Codes and Statutes

Statutes > Kansas > Chapter17 > Article55 > Statutes_8141

17-5525

Chapter 17.--CORPORATIONS Article 55.--SAVINGS AND LOAN CODE; POWERS

17-5525. Conversion of state association into federal savings and loan association; vote requirements. Any association may convert itself into a federal savings and loan association in accordance with the provisions of section 5 [*] of home owners' loan act of 1933, as now or hereafter amended, upon a vote of fifty-one percent or more of the votes of all the members of the association at an annual meeting, or at any special meeting called to consider such action.

History: L. 1943, ch. 133, § 103; July 1.

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State Codes and Statutes

Statutes > Kansas > Chapter17 > Article55 > Statutes_8141

17-5525

Chapter 17.--CORPORATIONS Article 55.--SAVINGS AND LOAN CODE; POWERS

17-5525. Conversion of state association into federal savings and loan association; vote requirements. Any association may convert itself into a federal savings and loan association in accordance with the provisions of section 5 [*] of home owners' loan act of 1933, as now or hereafter amended, upon a vote of fifty-one percent or more of the votes of all the members of the association at an annual meeting, or at any special meeting called to consider such action.

History: L. 1943, ch. 133, § 103; July 1.