§ 23-38-219 - Subscription for stock in corporation created by an act of Congress. - Arkansas Statutes

23-38-219. Subscription for stock in corporation created by an act of Congress.

Any building and loan association organized under the laws of the State of Arkansas shall have authority to subscribe for stock in any corporation created by an act of Congress of the United States where subscription is required by the act of Congress as a condition precedent to the securing of a loan to the building and loan association from any corporation created by the act of Congress.