A mutual bank may (1) reject any sums offered for deposit;
(2) repay any deposit at any time; and
(3) classify and differentiate among deposits on any bases that it may determine.
AS 06.15.210
Right to reject, repay, and classify deposits
Known as the Mutual Savings Bank Act
The act spans §§ 6–6 (35 sections).
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.