2012 Statute
Prev | Article 53. - SAVINGS AND LOAN CODE; MANAGEMENT | Next |
17-5325. The bonds or other interest-bearing obligations purchased by an association shall not be carried on its books at more than the actual cost thereof: Provided, however, Obligations of, or guaranteed as to principal and interest by, the United States government may be carried on the books at redemption values. |
History: L. 1943, ch. 133, § 54; July 1. |
Prev | Article 53. - SAVINGS AND LOAN CODE; MANAGEMENT | Next |