Article 55 SAVINGS AND LOAN CODE; POWERS
- 17-5501. Powers of association generally.
- 17-5501a
- 17-5501b
- 17-5501c. Authority to accept and pledge security for U.S. treasury tax and loan accounts.
- 17-5502. Powers of board of directors.
- 17-5502a. Closing one business day a week.
- 17-5503. Loan plans upon which real-estate loans may be made.
- 17-5504. Appraisal and approval of real estate securing a loan.
- 17-5505. Application of payments.
- 17-5506. Loan contract to be embodied in note.
- 17-5507
- 17-5508. Association payments for protection of loans; addition to unpaid balance of loan.
- 17-5509. Association may accept assignment of life insurance on mortgagor; premium payments, addition to the unpaid balance of the loan.
- 17-5510. Advance installment payment of taxes and insurance.
- 17-5511. Record of charges on real estate securing loans.
- 17-5512. Prepayment of home loans.
- 17-5512a. Agreements prohibiting or restricting prepayment of loans other than home loans.
- 17-5513. Modification of real-estate loan or note.
- 17-5514. Loan expenses which association may require borrower to pay; statement.
- 17-5515. Collection and payment of loan expenses.
- 17-5516. Fees for procuring loan may not be paid to directors, officers or employees of association.
- 17-5517. Lien on shares to secure loan.
- 17-5518
- 17-5519. Sale of property.
- 17-5520. Directors, officers and employees purchases from or sales to association.
- 17-5521. Bulk sale of assets.
- 17-5522. Same; commissioner's approval required.
- 17-5523. Same; distribution of proceeds.
- 17-5524. Same; dissolution results.
- 17-5525. Conversion of state association into federal savings and loan association; vote requirements.
- 17-5526. Same; minutes of meeting to be filed with commissioner.
- 17-5527. Same; action required by federal law must be taken within three months.
- 17-5528. Same; copy of charter or certificate to be filed with commissioner and secretary of state.
- 17-5529. Same; failure to file; penalty.
- 17-5530. Same; cessation of commissioner's jurisdiction.
- 17-5531. Same; continuation of state association; succession to property and other interests.
- 17-5532. Same; continuation of judicial proceedings.
- 17-5533. Same; recognition by state.
- 17-5534. Same; obligations continued and vesting of property title.
- 17-5535. Conversion from federal to state association; majority vote of members required.
- 17-5536. Same; minutes of meeting to be filed with the federal home loan bank board.
- 17-5537. Same; vote on directors of converted association required.
- 17-5538. Certificate of incorporation may state it is converted association.
- 17-5539. Same; petition for certificate of incorporation and bylaws; directors' signatures.
- 17-5540. Same; procedure; continuation of federal association.
- 17-5541. Merger; procedure; merger agreement.
- 17-5542. Same; approval or disapproval of merger agreement.
- 17-5543. Same; approval by federal home loan bank board, when.
- 17-5544. Same; appeal in case of failure of commissioner to approve proposed merger.
- 17-5545. Merger binding and effective upon commissioner's approval; recordation; duties of commissioner.
- 17-5546. Same; remaining association deemed to be continuation of all preceding associations; property of preceding associations deemed to pass by operation of law.
- 17-5547. Same; continuation of judicial proceedings.
- 17-5548. Reorganization; procedure; recordation of instruments.
- 17-5549. Same; effective date.
- 17-5550. Same; reorganization plan.
- 17-5551. Same; rights and obligations of reorganizing association inure to benefit of reorganized association.
- 17-5552. Same; applications for repurchase canceled when members approve proposed plan of reorganization.
- 17-5553. Dissolution.
- 17-5554. Same; execution of documents.
- 17-5555. Same; filing of copies with commissioner; examination of association.
- 17-5556. Same; recordation of documents.
- 17-5557. Same; continuation for winding up affairs.
- 17-5558. Same; directors to act as liquidating trustees.
- 17-5559. Same; powers.
- 17-5560. Same; association subject to commissioner during liquidation.
- 17-5561. Same; final report and accounting; discharge of directors.
- 17-5562. Same; vested rights not disturbed during dissolution.
- 17-5563. Credit to borrowers.
- 17-5564. Undelivered funds due creditors, depositors and shareholders of defunct associations; duties of commissioner and state treasurer; undistributed assets of defunct associations fund.
- 17-5565. Remote service units.
- 17-5566. Same; conditions to operation and use of; exceptions.
- 17-5567. Same; extensions of credit through; withdrawal limitations.
- 17-5568. Same; security measures as a condition for operation.
- 17-5569. Same; unauthorized transactions; liability.
- 17-5570. Same; definitions.
- 17-5571. Prohibitions; injunctive relief; damages; definitions.
- 17-5572. Finance subsidiary corporation; utilization by certain savings and loan associations; rules and regulations.