Applicability of corporation law
(1) Except as provided in subsection (2), the provisions of Title 35, chapter 14, apply to banks unless a section in this title or a rule or order issued under this chapter is inconsistent with Title 35, chapter 14.
(2) The provisions of 35-14-301, 35-14-302(4) through (10), 35-14-401(1), 35-14-621(2), Title 35, chapter 14, part 14, and 35-14-1601 do not apply to banks.
| EnactedEn. SectionSec. 13, ChapterCh. 395, Laws ofL. 1993 |
| AmendedAmd. SectionSec. 5, ChapterCh. 71, Laws ofL. 2005 (HB 180 - Lake, Bob (R) HD 88) |
| AmendedAmd. SectionSec. 227, ChapterCh. 271, Laws ofL. 2019 (SB 325 - Fitzpatrick, Steve (R) SD 10) |
| AmendedAmd. SectionSec. 10, ChapterCh. 23, Laws ofL. 2023 (HB 138 - Welch, Tom (R) HD 72) |