Investment in federal home loan bank stock or bonds.

Any savings and loan association, building and loan association, bank, trust company, savings bank, or mutual savings bank may become a member of and invest its funds in the bonds and/or the capital stock of a federal home loan bank, and vote such stock in the manner prescribed by its board of directors.

[1955 c 33 § 30.32.020. Prior: 1933 c 105 § 1; RRS § 3294-1.]