§ 32-2-808

32-2-808. Capital. (1) The capital of a mutual association must be an amount determined by the commissioner based on the amount and character of the anticipated business of the mutual association and the safety of prospective depositors. (2) As used in this section, 'capital' means the initial funding required to organize a mutual association. History: En. Sec. 23, Ch. 431, L. 2021.