7-3-18. Real estate acquisition, holding, and conveyance.
A bank may purchase, hold, and convey real estate, other than bank premises, only for
those purposes and in a manner prescribed by commissioner by regulation. Such regulations may
not be more restrictive than the laws and regulations applicable to acquisition and holding of real
estate by national banks.
Amended by Chapter 8, 1983 General Session
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Last revised: Thursday, May 28, 2009