§1205. Who may hold capital
Capital stock of a savings bank may be held:
(1) By any individual in his own right, regardless of age or marital status, or by two or more such individuals;
(2) By a fiduciary when authorized by law;
(3) By a government or governmental instrumentality when authorized by law; and
(4) By any corporation or other person when not prohibited by law.
Acts 1990, No. 816, §1, eff. Sept. 1, 1990.
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