Alaska Statutes.
Title 6. Banks and Financial Institutions
Chapter 5. Alaska Banking Code
previous: Section 50. Definitions.
next: Section 5. Powers of Department.

Chapter 5. Alaska Banking Code

Section 5. Powers of Department.
Section 10. Notice and Hearing. [Repealed, Sec. 54 Ch 169 SLA 1978. For Current Law, See AS 06.01.030 ].
Section 15. - 06.05.040. Powers Over State Banks; Miscellaneous Powers of Department; Bank Examinations; Banks Exempt From Examination; Examination Fee; Examiner's Oath. [Repealed, Sec. 102 Ch 26 SLA 1993].
Section 45. Bank Reports to the Department.
Section 50. Publication of Reports.
Section 55. , 06.05.060. Annual Report of Department; Records of Department. [Repealed, Sec. 102 Ch 26 SLA 1993].
Section 65. Financial Institution Interest of Department Officers and Employees.
Section 70. Preservation of Bank Records. [Repealed, Sec. 102 Ch 26 SLA 1993].
Section 75. Standards.
Section 80. , 06.05.085. Effect of Invalidity of Order or Regulation; Limitation of Personal Liability. [Repealed, Sec. 102 Ch 26 SLA 1993].
Section 90. Certification of Checks.
Section 95. Payment of Items.
Section 100. Deposit of Minor or Person Under Disability.
Section 105. , 06.05.110 Deposits in Two Names; Deposits in Trust. [Repealed, Sec. 5 Ch 78 SLA 1972. For Current Law, See AS 13.33].
Section 120. Notice of Charges.
Section 130. Final Adjustment of Statements of Account. [Repealed, Sec. 102 Ch 26 SLA 1993].
Section 145. Adverse Claim to Bank Deposit.
Section 160. Transmitting Money and Foreign Exchange.
Section 165. Optional Five-Day Week. [Repealed, Sec. 1 Ch 56 SLA 1971].
Section 166. Legal Holidays and Closings.
Section 175. Depositor and Customer Records Confidential. [Repealed, Sec. 55 Ch 75 SLA 2002].
Section 180. Fiduciary and Other Powers Authorized.
Section 185. - 06.05.195. Application of Chapter to Trust Companies; Supervision By the Department; Dissolution of Trust Companies. [Repealed, Sec. 102 Ch 26 SLA 1993].
Section 197. Nominees.
Section 200. Reserves Against Deposits.
Section 205. Loans and Extensions of Credit.
Section 206. Leasehold and Development Loans. [Repealed, Sec. 102 Ch 26 SLA 1993].
Section 207. Real Estate Loans.
Section 208. Revolving Credit Plans. [Repealed, Sec. 102 Ch 26 SLA 1993].
Section 209. Credit Cards.
Section 210. Loans to Directors, Officers, and Employees.
Section 211. Loans Secured By Forest Tracts.
Section 212. Overdrafts.
Section 215. Liability of Directors and Officers For Certain Loans.
Section 220. Loans Under Title I of the National Housing Act. [Repealed, Sec. 102 Ch 26 SLA 1993].
Section 225. Application of Other Laws to Loans Insured Under National Housing Act.
Section 230. Investment in Property and Banking Premises.
Section 231. Bank Service Corporations.
Section 232. Leasing of Real and Personal Property. [Repealed, Sec. 102 Ch 26 SLA 1993].
Section 235. Bank Holding Companies.
Section 237. Financial Holding Companies.
Section 238. Required Directors' Meetings and Statements to the Department. [Repealed, Sec. 102 Ch 26 SLA 1993].
Section 240. Acquisition of Property to Satisfy or Protect Previous Loan.
Section 245. Disposition of Property.
Section 250. Limitation On Cost of Banking Premises. [Repealed, Sec. 10 Ch 63 SLA 1969].
Section 255. Borrowing.
Section 260. Pledge, Assignment, and Transfer of Assets.
Section 262. Assumption of Liability.
Section 265. Liability of Directors For Certain Loans.
Section 270. Investments and Customer Securities.
Section 272. Bank Subsidiaries.
Section 275. Trade and Bank Acceptances.
Section 277. Providing Services as Agent.
Section 280. Fees Connected With Obtaining Mortgage Loans.
Section 300. General Corporate Powers. [Repealed, Sec. 102 Ch 26 SLA 1993].
Section 301. Applicability of Corporations Code.
Section 305. Capital Structure.
Section 307. Capital Notes or Debentures.
Section 310. Correction of Impairment of Capital.
Section 315. Double Stockholder Liability. [Repealed, Sec. 54 Ch 169 SLA 1978].
Section 320. Bank Purchases of Own Shares.
Section 325. Bank Stock as Personalty. [Repealed, Sec. 102 Ch 26 SLA 1993].
Section 327. Change in Outstanding Voting Shares.
Section 330. Incorporators. [Repealed, Sec. 102 Ch 26 SLA 1993].
Section 335. Notice of Intention to Incorporate, Establish Branch Bank or Relocate. [Repealed, Sec. 54 Ch 169 SLA 1978].
Section 340. Certain Remuneration Prohibited.
Section 342. Subscriptions For Shares.
Section 344. Application For Approval of State Bank.
Section 345. Articles of Incorporation.
Section 350. Certificate of Authority.
Section 355. Deposit Insurance Required.
Section 360. Foreign Persons Engaged in Banking. [Repealed, Sec. 102 Ch 26 SLA 1993].
Section 365. Application For Charter. [Repealed, Sec. 54 Ch 169 SLA 1978].
Section 367. Banks of Foreign Nationals Engaging in a Banking Business in the State. [Repealed, Sec. 102 Ch 26 SLA 1993].
Section 370. - 06.05.375 Charters; Subscription Calls. [Repealed, Sec. 54 Ch 169 SLA 1978].
Section 380. Affidavit of Capital Paid in. [Repealed, Sec. 102 Ch 26 SLA 1993].
Section 385. Organizational Meeting; Bylaws.
Section 390. , 06.05.395. Reimbursement of Officer, Director or Employee For Expenses in Defending Suits; Certificate of Authority Required. [Repealed, Sec. 102 Ch 26 SLA 1993].
Section 399. Changes of Location; Branch Banks.
Section 400. - 06.05.425 Certificate of Authority. [Repealed, Sec. 54 Ch 169 SLA 1978. For Current Law, See AS 06.05.350 , 06.05.399, and 06.05.466].
Section 426. Automated Teller Machines.
Section 430. Meetings of Stockholders. [Repealed, Sec. 102 Ch 26 SLA 1993].
Section 435. Directors.
Section 437. Officers.
Section 438. Directors, Meetings, and Duties.
Section 440. Authority to Declare Dividends.
Section 441. Conditions Precedent to Dividend Declaration and Payment.
Section 442. Excess Losses; Restoration of Surplus; Payment of Dividends.
Section 443. Limitation On Dividends. [Repealed, Sec. 102 Ch 26 SLA 1993].
Section 445. Net Undivided Profits and Dividends.
Section 450. Shareholders List.
Section 455. Deposit Insurance. [Repealed, Sec. 54 Ch 169 SLA 1978].
Section 460. Report Upon Inactive Deposit Accounts. [Repealed, Sec. 14 Ch 133 SLA 1986].
Section 462. Conversions, Mergers, and Consolidations.
Section 463. [Renumbered as AS 06.05.120 ].
Section 465. Voluntary Liquidation; Requirements For Approval. [Repealed, Sec. 102 Ch 26 SLA 1993].
Section 466. Dissolution Before Commencement of Business.
Section 468. Department Takeover.
Section 470. Department in Possession.
Section 471. Reorganization.
Section 472. Liquidation.
Section 473. Claims.
Section 474. Federal Deposit Insurance Corporation as Receiver or Liquidator.
Section 475. Subrogation of Rights of Depositors. [Repealed, Sec. 54 Ch 169 SLA 1978].
Section 480. - 06.05.510. Prohibited Practices. [Repealed, Sec. 102 Ch 26 SLA 1993].
Section 515. Slander and Libel of Bank. [Repealed, Sec. 21 Ch 166 SLA 1978].
Section 520. - 06.05.530. Penalty; Injunction; Effect On Existing Banks. [Repealed, Sec. 102 Ch 26 SLA 1993].
Section 532. [Renumbered as AS 06.05.548 ].
Section 535. [Renumbered as AS 06.05.910 ].
Section 537. [Renumbered as AS 06.05.900 ].
Section 540. [Renumbered as AS 06.05.990 ].
Section 545. [Renumbered as AS 06.05.995 ].
Section 548. Concentration of Deposits.
Section 550. Authority of International Bank, Interstate State Bank, or Interstate National Bank to Branch.
Section 555. Certificate of Authority For Interstate State Bank and International Bank Branching.
Section 557. Notice Filing For Interstate National Banks.
Section 560. Asset Requirements For International Banks.
Section 565. Applicability of Title to Interstate State Banks, Interstate National Banks, International Banks, and Bank Holding Companies.
Section 570. Out-of-State Bank Holding Companies.
Section 900. Copies of Records For Child Support Purposes.
Section 910. Construction With Subsequent Legislation.
Section 990. Definitions.
Section 995. Short Title.

Article 01. DEPARTMENT POWERS, BANK REPORTS, PROHIBITED INTERESTS, AND DEPARTMENT STANDARDS

All content © 2023 by Touch N' Go/Bright Solutions, Inc.

Note to HTML Version:

This version of the Alaska Statutes is current through December, 2022. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful.