Section 393:58 Power to Provide Insurance Incentive Plans, Deferred Compensation Plans and Other Retirement Benefits for Officers and Employees.
Every building and loan association and cooperative bank organized under this chapter shall have the power to provide life, health and casualty insurance for its officers and employees and to adopt and operate reasonable incentive plans, deferred compensation plans and other forms of retirement benefits for such officers and employees.
Source. 1963, 313:5, eff. Sept. 1, 1963.