State savings association definition

State savings association means a savings association organized under the laws of this State and authorized to act as a fiduciary pursuant to Chapter 54B or Chapter 54C of the General Statutes.
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State savings association means the same as in section 3(b) of the Fed- eral Deposit Insurance Act (12 U.S.C. 1813(b)), and includes a state-chartered savings association in organization which is granted conditional approval of insurance of accounts by the Federal Deposit Insurance Corporation. In addi- tion, for purposes of § 390.411, State sav- ings association includes any under- writer participating in the distribution of securities of a State savings associa- tion.
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State savings association means a savings and loan association organized under the laws of this state.
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Examples of State savings association in a sentence

  • No advisory board fees should exceed the director fees paid by the resulting State savings association.

  • A State savings association may issue and commit to issue letters of credit within the scope of applicable laws or rules of practice recognized by law.

  • The transaction will be particularly scrutinized where any of such persons is to receive a material increase in compensation above that paid by the disappearing State savings association prior to the commencement of negotia- tions regarding the proposed trans- action.

  • No State savings asso- ciation may use or rely upon an ap- praisal of a dwelling which the State savings association knows, or reason- ably should know, is discriminatory on the basis of the age or location of the dwelling, or is discriminatory per se or in effect under the Fair Housing Act of 1968 or the Equal Credit Opportunity Act.

  • No advisory board fees should be paid to salaried of- ficers or employees of the resulting State savings association.

  • A State savings association is required to file a SAR no later than 30 calendar days after the date of initial detection of facts that may constitute a basis for filing a SAR.

  • Each State savings association should reex- amine its underwriting standards at least annually in order to ensure equal opportunity.

  • Each State savings association shall have clearly written, non-discriminatory loan underwriting standards, available to the public upon request, at each of its offices.

  • Supporting documentation shall be identified and maintained by the State savings association as such, and shall be deemed to have been filed with the SAR.

  • The term subordinated debt security means any unsecured note, debenture, or other debt security issued by a State savings association and subordinated on liquidation to all claims having the same priority as account holders or any higher priority.


More Definitions of State savings association

State savings association means a savings association
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State savings association means a savings associ- ation chartered or otherwise authorized under Title 33 RCW to act as a fiduciary by Washington state.
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State savings association means any savings and loan association or savings bank organized under the laws of this state.
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Related to State savings association

  • Homeowners association or “HOA” or “POA” – shall mean an entity or entities, including its/their employees and agents, which may have jurisdiction over lands located within the District, either now or in the future, which may exist to aid in the enforcement of deed restrictions and covenants applicable to lands within the District.

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  • Municipal corporation means, in general terms, a status conferred upon a local government unit, by state law giving the unit certain autonomous operating authority such as the power of taxation, power of eminent domain, police power and regulatory power, and includes a joint economic development district or joint economic development zone that levies an income tax under section 715.691, 715.70, 715.71, or 715.74 of the Ohio Revised Code.

  • Health care plan means any contract, policy or other arrangement for benefits or services for medical or dental care or treatment under:

  • Home Health Care means the continual care and treatment of an individual if:

  • Home health aide means an individual employed by a home health agency to provide home health services under the direction of a registered nurse or therapist.

  • Urban Coordinating Council Empowerment Neighborhood means a neighborhood given priority access to State resources through the New Jersey Redevelopment Authority.

  • Health benefits plan means a benefits plan which pays or

  • National Emergency Number Association (“NENA”) is an association with a mission to xxxxxx the technological advancement, availability and implementation of 911 nationwide.