Alaska Stat. § 06.05.237
This is the official text of Alaska Stat. § 06.05.237, part of Alaska’s Stat — part of the compiled statutory law of Alaska, published by the state as "Stat." Browse the sections below, each linked to its official government source.
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Financial holding companies.
Official statutory text
Notwithstanding the provisions of AS 06.05.235 and regulations adopted under that section, a holding company formed under this title may apply to the Federal Reserve System for status as a financial holding company. If the status is granted, the financial holding company has powers as a financial holding company authorized by the Federal Reserve System if (1) at the time of application, the holding company provides the department with a complete copy of the application;
(2) the holding company provides the department with copies of all correspondence concerning the application;
(3) the holding company provides the department with a copy of the approval by the Federal Reserve System within 10 days after the holding company receives the approval; and
(4) the department does not issue a letter denying financial holding company status within 30 days after the approval by the Federal Reserve System.
(2) the holding company provides the department with copies of all correspondence concerning the application;
(3) the holding company provides the department with a copy of the approval by the Federal Reserve System within 10 days after the holding company receives the approval; and
(4) the department does not issue a letter denying financial holding company status within 30 days after the approval by the Federal Reserve System.
Status: in_force · Read it on the official government site
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