State savings bank definition

State savings bank means a savings bank organized under or subject to Subtitle C. If the context requires, the term includes a savings bank organized under the laws of another state.

State savings bank means a savings bank chartered under the laws of Ohio and includes any savings bank holding company that has control of any such state savings bank, and any other company that controls a state savings bank.

State savings bank means a depository institution organized and operated under this chapter or a corporation organized under federal law and converted so as to be operated under this chapter.

Examples of State savings bank in a sentence

• A person or State savings bank against whom a cease and desist order is issued or a fine is imposed may have the order or fine reviewed by a court of competent jurisdiction.

• For this purpose,the term 'association' as used in Article 3A of Chapter 54B of the General Statutes shall include a State savings bank chartered under this Chapter, and the term 'savings and loan holding company' shall include holding companies of State savings banks chartered under this Chapter.

• A State savings bank shall maintain sixty percent (60%) of its assets in investments that qualify under 26 U.S.C. § 7701(a)(19), except that no more than ten percent (10%) of the sixty percent (60%) shall be comprised of investments described in 26 U.S.C. § 7701(a)(19)(C)(i) and 26 U.S.C. § 7701(a)(19)(C)(ii).

• It is the duty of the Administrator to receive and thoroughly examine each annual statement required by G.S. 54C-73, and if made in compliance with the requirements thereof, each State savings bank shall publish an abstract of the same in one of the newspapers of the State, to be selected by the managing officer making the statement, and at the expense of the savings bank.

• The Administrator may license each State savings bank upon receipt of the license fee and filing of an application in the form prescribed by the Administrator.

More Definitions of State savings bank

State savings bank means any savings bank which has an existing savings bank charter issued pursuant to the provisions of the financial institutions codes.

State savings bank means a depository institution chartered under the

State savings bank means any savings bank which

State savings bank means a depository institution chartered under the laws of this State.

State savings bank means a savings bank organized under or subject to Subtitle C. If the context requires, the term

State savings bank means a savings bank organized under or subject to the Texas Savings Bank Act (Article 489e, Vernon's Texas Civil Statutes).

State savings bank means a savings bank organized and incorporated under the provisions of this chapter. A state savings bank shall not be subject to the provisions of this chapter applicable only to state associations.