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  • Section 5-16-1 Short title.
  • Section 5-16-2 Definitions.
  • Section 5-16-3 Associations, etc., accepting money for promotion of thrift and financing of homes subject to provisions of chapter, etc.
  • Section 5-16-4 Procedure for incorporation - Petition for certificate of incorporation; subscription by incorporators, etc.
  • Section 5-16-5 Procedure for incorporation — Approval of petition for certificate of incorporation; certificate of approval.
  • Section 5-16-6 Procedure for incorporation - Issuance of certificate of incorporation.
  • Section 5-16-7 Bylaws.
  • Section 5-16-8 Organizational meeting.
  • Section 5-16-9 Corporate name and offices — Generally.
  • Section 5-16-10 Corporate name and offices — Change of location of home office; certificate of approval, etc.
  • Section 5-16-11 Corporate name and offices — Establishment of branch offices.
  • Section 5-16-12 Period for commencement of business; forfeiture of corporate existence for nonuse.
  • Section 5-16-13 Rights, privileges, etc., of members; annual meeting; annual financial statement; voting by members; assessment of fines and penalties against members; transfer of real estate security by borrowing member.
  • Section 5-16-14 Directors, officers and employees.
  • Section 5-16-15 Books, records and accounts.
  • Section 5-16-16 Capital and accounts.
  • Section 5-16-17 Reserve accounts; interest due and accrued account.
  • Section 5-16-18 Undivided profits account.
  • Section 5-16-19 Dividends.
  • Section 5-16-20 Repurchase of accounts.
  • Section 5-16-21 Redemption of accounts.
  • Section 5-16-22 Issuance of duplicate membership certificates.
  • Section 5-16-23 Issuance, etc., of certificates of indebtedness; receipt of public deposits; payment of guaranteed rate of interest.
  • Section 5-16-24 Powers generally.
  • Section 5-16-25 Real estate loans.
  • Section 5-16-26 Liens on accounts; pledges of accounts as security for loans.
  • Section 5-16-27 Adoption, etc., of bonus plans and payment of cash bonuses on accounts; bonus reserve account.
  • Section 5-16-28 Sales, transfers or exchanges of assets.
  • Section 5-16-29 Mergers.
  • Section 5-16-30 Conversions.
  • Section 5-16-31 Reorganizations.
  • Section 5-16-32 Voluntary liquidation — Procedure generally.
  • Section 5-16-33 Voluntary liquidation — Remittance of unclaimed dividends and share accounts by receiver, etc.; payment of creditors and investors by commissioner.
  • Section 5-16-34 Voluntary liquidation — Certification and transmittal of unclaimed funds to State Treasurer.
  • Section 5-16-35 Voluntary liquidation — Payment of creditors or investors by State Treasurer.
  • Section 5-16-36 Reports, examinations and audits.
  • Section 5-16-37 Conservatorship; involuntary liquidation.
  • Section 5-16-38.1 Assessment fees.
  • Section 5-16-39 Foreign corporations not to transact business in state; privileges, etc., of federal savings and loan associations.
  • Section 5-16-40 Sales of accounts.
  • Section 5-16-41 Acknowledgment, etc., of instruments by public officers employed by associations, etc.
  • Section 5-16-42 Operating or management contracts.
  • Section 5-16-43 Accounts of minors, married women, joint owners and fiduciaries; investments in accounts of associations.
  • Section 5-16-44 Deposit in names of two persons, payable to either or survivor — How payable; when construed as belonging to survivor.
  • Section 5-16-45 Deposit in names of two persons, payable to either or survivor — Title to deposit upon death of either.
  • Section 5-16-46 Disposition of account of deceased person.
  • Section 5-16-47 Disposition of deposit in trust for another upon death of trustee.
  • Section 5-16-48 Engaging in mortgage brokerage business; purchase of loans; origination, purchase and sale of mortgages.
  • Section 5-16-49 Forms.
  • Section 5-16-50 Deposits with State Treasurer, etc., of securities issued by associations.
  • Section 5-16-51 Associations empowered to enter into contracts, etc., for insurance of accounts, etc.
  • Section 5-16-52 State associations may make contracts, loans or investments available to federal savings and loan associations.
  • Section 5-16-53 Termination of status as insured corporation.



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