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Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

 Chapter 369

previous next Effective - 30 Apr 1982, see footnotebottom

  369.364.  Federal associations may have same powers as state associations. — Unless federal laws or regulations provide otherwise, federal savings associations with principal offices located within this state and the members, stockholders, and deposit account owners thereof shall possess all of the rights, powers, privileges, benefits, immunities and exemptions that are now provided or that may be hereafter provided by the laws of this state for associations organized under the laws of this state and for the members, stockholders, and account owners thereof and all such laws shall apply to such associations and the members and stockholders thereof.  This provision is additional and supplemental to any provision which by specific reference is applicable to federal savings associations and the members and stockholders thereof.

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(L. 1971 S.B. 3 § 72, A.L. 1982 S.B. 464)

Effective 4-30-82


---- end of effective   30 Apr 1982 ----

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