Capital stock of a savings bank may be held:
- (1) By any individual in his own right, regardless of age or marital status, or by 2 or more individuals.
- (2) By a fiduciary when authorized by law.
- (3) By a government or governmental instrumentality when authorized by law.
- (4) By any corporation or other person when not prohibited by law.
(from Ch. 17, par. 7305-6)
(Source: P.A. 86-1213.)