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2012 Statute

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9-1124.Same; investment by banks; limitations. No limitation or prohibition otherwise imposed by any provision of state law exclusively relating to banks shall prevent any state bank or banks from investing not more than 10% of the paid-in and unimpaired capital and unimpaired surplus in a bank service corporation. No bank shall invest more than 5% of its total assets in bank service corporations.

History: L. 1963, ch. 64, § 2; L. 1984, ch. 48, § 11; July 1.

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2019. Powered by KLISS. Rendered: 2019-10-16T21:30:07. Head Rev No: 345400