§ 32-2-818

32-2-818. Requirements of state mutual association. A mutual association must have its qualified thrift investments: (1) equal or exceed 50% of its portfolio assets; and (2) continue to equal or exceed 50% of its assets on a monthly average basis in 9 out of every 12 months. History: En. Sec. 29, Ch. 431, L. 2021.