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. age or marital status, or by 2 or more individuals. when authorized by law. prohibited by law.
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