Title 11 — Finance and Taxation
59 chapters · 1,261 sections in this title.
11 GCA § 121101 Description of Investment Certificates
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An association may issue investment certificates, with or without passbooks. The holders of investment certificates shall have no liability for debts or assessments, and shall be entitled upon liquidation of an association to receive payment in full before any payment or distribu…
11 GCA § 121102 Investment Certificates to be Legal Investments
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All investment certificates issued by any association licensed by and under the direct supervision of the commissioner in accordance with the provisions of this act, shall be legal investments for the funds of executors, administrators, guardians, receivers, and trustees of every…
11 GCA § 121103 Less Than Six Months Interest Not to be Paid
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[Repealed.] SOURCE: GC §41252. Repealed by P.L. 12-70.
11 GCA § 121104 Redemption of Certificates
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All investment certificates hereafter issued shall be subject to redemption, either in whole or part, at the option of the association at any time after the issuance thereof, by giving the holder at least thirty (30) days notice of such intended redemption; provided, however, tha…