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§ 81-14-3. Purpose

The purpose of this chapter is: To provide for affordable housing resources for citizens of this state by promoting and preserving a system of thrift institutions that are locally owned and controlled; To provide for the safe and sound conduct of the business of savings banks, the conservation of their assets and the maintenance of […]

§ 81-14-7. Definitions and application of terms

As used in this chapter, unless the context otherwise requires, the following terms shall have the meanings ascribed herein: “Affiliate” means any person or corporation which controls, is controlled by, or is under common control with a savings institution. “Associate” when used to indicate a relationship with any person means (i) any corporation or organization, […]