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HB 601, 33rd Regular Session
Relating to regulating the business of all persons, co-partnerships, associations, organizations or Corporations which are now or shall hereafter be engaged in business as Home Co-operative companies, building and loan associations or in the business of issuing contracts or agreements, whether in the nature of a Bond, Certificate or otherwise, providing for the redemption or fulfilling of such contracts or agreement by an accumulation of a fund or funds from the contributions made by the subscribers to or the holding of such contracts or agreements in the order of the issue or in some other fixed or arbitrarily determined order; or providing for the payment of moneys or the granting or giving of any consideration greater in value than the amount paid in upon such contract, together with the actual net earnings accrued and accumulated thereon, and classifying such companies, except all persons, co-partnerships, associations, organizations or corporations doing business under the provisions of any law providing for the regulation of insurance companies, or banks, savings and loan or building and loan
Author: Charles Milton Spradley
Corporations & Associations
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