17-5535. Conversion from federal to state association; majority vote of members required. - Kansas Statutes

17-5535

Chapter 17.--CORPORATIONS Article 55.--SAVINGS AND LOAN CODE; POWERS

      17-5535.   Conversion from federal to state association; majority vote of members required. Any federal savings and loan association may convert itself into an association under this act upon a vote of fifty-one percent or more of the votes of members of such federal savings and loan association cast at an annual meeting, or at any special meeting called to consider such action.

      History:   L. 1943, ch. 133, § 113; July 1.