Title 11 — Finance and Taxation
59 chapters · 1,261 sections in this title.
11 GCA § 113101 In General
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Domestic associations may be incorporated with stock, or stock and shares, or incorporated as mutual associations and with all the rights, powers and privileges and subject to all the restrictions and liabilities set forth in this Act .Domestic associations also shall have the po…
11 GCA § 113102 Restrictions on Corporate Name
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[Repealed.] SOURCE: GC §41101. Repealed by P.L. 25-17:1. COL120106 11 GCAFINANCE & TAXATION
11 GCA § 113103 Statement of Purposes
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The purposes of each domestic association hereafter incorporated, as stated in its articles of incorporation, shall include the statement that it is formed to encourage industry, frugality, home building and the accumulation of savings (and such statement shall add either among i…
11 GCA § 113104 Changes of Name to be Approved by Commissioner
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Before any document changing the name of any association or setting forth the new name of any association, shall be filed with the Director of Administration, there shall be attached to said document the certificate of approval of the commissioner of the new name proposed for sai…
11 GCA § 113105 Merger, Consolidation and Transfer
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Any two or more domestic associations may be merged into one of such constituent associations, or consolidated into a new association, with or without any dissolution or division of the funds or property of either of them; or any domestic association may transfer its engagements,…
11 GCA § 113106 Qualifications of Directors
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[Repealed.] SOURCE: GC §41105. Repealed by P.L. 27-57:15.
11 GCA § 113107 Amendment of Articles and By-Laws
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Before any certificate or any other document affecting or setting forth any amendment to the articles of incorporation of any domestic association shall hereafter be filed with the Director of Administration, there must be attached thereto a certificate of the commissioner approv…
11 GCA § 113108 Investment Certificate and Withdrawable Share Reserve
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Each association’s investment certificate and withdrawable share reserve shall consist of any one, or the sum of any two or more, of the following: Paid-up non-withdrawable capital, surplus, undivided profits, COL120106 11 GCAFINANCE & TAXATION loan reserve and federal insurance …
11 GCA § 113109 Change of Location
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No association shall change the location of its principal office or of any branch except with the approval of the commissioner. If the proposed change is from one municipality to another the commissioner shall, and in any other case the commissioner may, hold a hearing upon the p…
11 GCA § 113110 Raising Capital: Powers same as Federal Savings
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Associations. Mutual Savings and Loan Associations organized and operating under this title may raise capital in the form of such savings deposits, shares or other accounts to the same extent that a federal savings and loan association doing business in this territory could raise…