Requirements for savings associations organized or recognized under this title

Sec. 3. The department shall determine the capital stock requirements of a savings association organized or reorganized under this title after giving consideration to the following: (1) In the case of a proposed new savings association, the potential deposit liability anticipated. (2) In the case of a savings association to be reorganized, the existing deposit liability. As added by P.L.42-1993, SEC.92. Amended by P.L.79-1998, SEC.88.