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Session Laws, 1986
Volume 768, Page 1105   View pdf image
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HARRY HUGHES, Governor                                       1105

(2) This section does not apply to compensation paid
to a controlling person for services.

(e) Loan to controlling person.

A capital stock association may make a loan to any
controlling person if:

(1)  The loan is approved in good faith by the
recorded vote of the present and voting disinterested directors
of the association;

(2)  The security is appraised by a disinterested
appraiser; and

(3)  The loan is approved by the Division Director.]
[9-324. List of stockholders.

(a)  Annual list.

Each capital stock association shall send to the Division
Director annually a list of all of its holders of capital stock.

(b)  Content.

The stockholder list shall include as to each holder of
capital stock as shown on the association's records:

(1)  Name;

(2)  Address; and

(3)  Number of shares of capital stock owned.

(c)  Confidentiality.

The Division Director shall keep confidential the list of
capital stockholders.]

9-323. LIST OF STOCKHOLDERS.

(A)  UP-TO-DATE LIST.

EVERY STOCK ASSOCIATION SHALL AT ALL TIMES KEEP AN
UP-TO-DATE LIST OF THE NAMES OF ALL ITS STOCKHOLDERS AND THOSE OF
ITS HOLDING COMPANIES.

(B)  ANNUAL LIST.

EACH YEAR, OR WHENEVER REQUESTED BY THE DIVISION DIRECTOR,
THE ASSOCIATION SHALL FILE WITH THE DIVISION DIRECTOR A CORRECT
LIST OF ALL ITS STOCKHOLDERS AND THOSE OF ITS HOLDING COMPANIES,
THE RESIDENT ADDRESS OF EACH, THE NUMBER OF SHARES OF EACH CLASS

 

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Session Laws, 1986
Volume 768, Page 1105   View pdf image
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