mutual savings bank

A bank that has no capital stock and in which the depositors are the owners. See SAVINGS-AND-LOAN ASSOCIATION. [Cases: Banks and Banking 289; Building and Loan Associations 1. C.J.S. Banks and Banking §§ 599–600; Building and Loan Associations, Savings and Loan Associations, and Credit Unions §§ 2–4.]

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词条贡献者

译员黎川，在一家顶尖澳洲律师事务所的上海办公室担任全职法律翻译，专注翻译各种与澳大利亚业务有关的法律文件。