Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 1 - Banking, Securities, Small Loans and Corporations
Chapter 06 - Mutual Savings Banks
Article 6 - General Provisions
3 AAC 06.910 - Definitions

Universal Citation: 3 AK Admin Code 06.910

Current through February 24, 2025

In this chapter, unless otherwise specified

(1) "articles of incorporation" means rules of corporators adopted under AS 06.15.050;

(2) "bank" means a mutual savings bank;

(3) "department" means the Department of Commerce, Community, and Economic Development;

(4) "division" means the division of banking and securities in the department;

(5) "FDIC" means the Federal Deposit Insurance Corporation;

(6) "mobile facility" means a branch bank which moves from one location to another to provide banking services allowed under AS 06.15 and which is located in or services remote areas of the state not adequately served by permanently located branch banks;

(7) "FHLBB" means the Federal Home Loan Bank Board.

As of Register 171 (October 2004), the regulations attorney made technical revisions under AS 44.62.125(b)(6) to reflect the name change of the Department of Community and Economic Development to the Department of Commerce, Community, and Economic Development made by ch. 47, SLA 2004 and the corresponding title change of the commissioner of community and economic development.

Authority:AS 06.05.075

AS 06.15.010

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