Chapter 3 - Savings and Loan Associations
- Part 1 - General Provisions
- 45-3-101 - Short title.
- 45-3-102 - Scope and application.
- 45-3-103 - Application of general corporation law and the Uniform Administration Procedures Act.
- 45-3-104 - Chapter definitions.
- 45-3-105 - Powers of associations generally.
- 45-3-106 - Tie-in provision.
- 45-3-107 - Corporate form required Capital stock and mutual associations authorized.
- 45-3-108 - Ownership of associations Changes affecting control.
- 45-3-109 - Capital stock Nature.
- 45-3-110 - Capital stock associations Issuance of capital stock.
- 45-3-111 - Capital stock and mutual associations Minimum capital requirements.
- 45-3-112 - Capital stock associations Paid-in surplus.
- 45-3-113 - Mutual associations Expense fund requirements.
- 45-3-114 - Mutual associations Repayment of contributions to expense fund.
- 45-3-115 - Change of office or name.
- 45-3-116 - Exemption from securities laws.
- 45-3-117 - Acknowledgments by stockholders, members, and employees.
- 45-3-118 - References to
- 45-3-119 - References to federal savings and loan associations.
- 45-3-120 - Liberal construction.
- Part 2 - Organization
- 45-3-201 - Application to organize.
- 45-3-202 - Commissioner's approval of application for certificate of authority Hearing.
- 45-3-203 - Denial of application.
- 45-3-204 - Subscription to capital and interim organization.
- 45-3-205 - Requirements for charter and bylaws.
- 45-3-206 - Certificate of authority.
- 45-3-207 - Completion of organization.
- 45-3-208 - Forfeiture of certificate of authority and charter for nonuse.
- 45-3-209 - Corporate name Exclusive use by associations.
- Part 3 - Branch or Satellite Offices
- Part 4 - General Powers and Duties
- Part 5 - Accounts
- 45-3-501 - Deposit liability.
- 45-3-502 - Authorization of deposit accounts.
- 45-3-503 - Nature of deposit accounts.
- 45-3-504 - Prohibited transactions.
- 45-3-505 - Contracts for savings programs.
- 45-3-506 - Power of attorney on accounts.
- 45-3-507 - Accounts of minors.
- 45-3-508 - Accounts in two or more names.
- 45-3-509 - Pledge to association of an account in joint tenancy.
- 45-3-510 - Incompetency of a joint tenant.
- 45-3-511 - Accounts of administrators, executors, guardians, custodians, trustees, and other fiduciaries.
- 45-3-512 - Accounts of incompetents.
- 45-3-513 - Accounts of deceased nonresidents.
- 45-3-514 - Payment when no executor or administrator qualifies.
- 45-3-515 - Account payable on death.
- 45-3-516 - Accounts as legal investments and as security.
- 45-3-517 - Lien on accounts.
- 45-3-518 - Interest on accounts.
- 45-3-519 - Withdrawal.
- 45-3-520 - Redemption of accounts.
- 45-3-521 - Statute of limitations on accounts.
- 45-3-522 - Final adjustment of statements of account.
- 45-3-523 - Association deposits and collections.
- Part 6 - Investments
- Part 7 - Loans
- 45-3-701 - Real estate loans.
- 45-3-702 - Insured or guaranteed loans.
- 45-3-703 - Other loans.
- 45-3-704 - Construction lenders liability.
- 45-3-705 - Installment loans and loans for purchase of mobile homes Interest and charges Statement of transaction.
- 45-3-706 - Insurance protection for home improvement installment loans.
- 45-3-707 - Department to service loans Service charge.
- Part 8 - Regulations
- 45-3-801 - Supervision of associations.
- 45-3-802 - Books and records.
- 45-3-803 - Forms Records Accounting practices.
- 45-3-804 - Misdescription of assets.
- 45-3-805 - Charging off or setting up reserves against bad assets.
- 45-3-806 - Reproduction and destruction of records.
- 45-3-807 - Confidentiality of records.
- 45-3-808 - Annual audit.
- 45-3-809 - Annual report.
- 45-3-810 - Additional and special reports.
- 45-3-811 - Financial statements.
- 45-3-812 - Examination of associations.
- 45-3-813 - Commissioner authorized to have appraisals made at expense of association.
- 45-3-814 - Disclosure of information Reports as evidence.
- 45-3-815 - Access to records Summons Oaths and examination of witnesses.
- 45-3-816 - Additional supervisory powers.
- 45-3-817 - Commissioner's power to act in certain instances.
- 45-3-818 - Commissioner may order any association to discontinue any illegal practice.
- 45-3-819 - Removal of directors, officers, and employees participating in violations.
- 45-3-820 - Reliance upon action by commissioner.
- Part 9 - Taxation
- Part 10 - Fees
- Part 11 - Voluntary Corporate Changes
- 45-3-1101 - Amendment of charters.
- 45-3-1102 - Merger and consolidation.
- 45-3-1103 - Sale of assets.
- 45-3-1104 - Procedure to effect sale of assets.
- 45-3-1105 - Conversion of state mutual or federal association to state capital stock association.
- 45-3-1106 - Conversion of state capital stock association or federal association to state mutual association.
- 45-3-1107 - Conversion from state to federal association.
- 45-3-1108 - Plan of conversion Mandatory and permissive requirements.
- 45-3-1109 - Effect of conversion.
- 45-3-1110 - Voluntary liquidation and dissolution.
- Part 12 - Reorganization and Liquidation
- Part 13 - Prohibited Acts
- 45-3-1301 - Unauthorized conduct of savings and loan business.
- 45-3-1302 - Receipt of deposits while in an impaired condition.
- 45-3-1303 - Unlawful concealment of transactions.
- 45-3-1304 - Improper maintenance of accounts False or deceptive entries and statements.
- 45-3-1305 - Unlawful payments of penalties and judgments.
- 45-3-1306 - False reports.
- 45-3-1307 - False swearing.
- 45-3-1308 - Unlawful disclosure of information.
- 45-3-1309 - Director acting to detriment of association.
- 45-3-1310 - Appropriation of property and false entries.
- 45-3-1311 - Defamation of business reputation.
- 45-3-1312 - Commissioner to submit violations to district attorney general.
- 45-3-1313 - Criminal sanctions for violations.
- 45-3-1314 - Injunction.
- Part 14 - Reciprocal Savings Institution Act
- Part 15 - Mutual Savings and Loan Holding Company Act
- 45-3-1501 - Short title.
- 45-3-1502 - Part definitions.
- 45-3-1503 - Savings and loan holding companies and their subsidiaries Registration requirements.
- 45-3-1504 - Mutual savings and loan holding companies and their subsidiaries Reports Examination Fees.
- 45-3-1505 - Acquisitions Application Approval required.
- 45-3-1506 - Ownership limitations Statutory compliance.
- 45-3-1507 - Appointment of personnel Bonding requirements.
- 45-3-1508 - Commissioner Duties and powers.