menu
Qammunity
Login
Register
My account
Edit my Profile
Private messages
My favorites
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
When an S&L is a mutual association, it means that it is owned by the ______.
asked
Oct 2, 2017
163k
views
0
votes
When an S&L is a mutual association, it means that it is owned by the ______.
Business
high-school
Dan Hixon
asked
by
Dan Hixon
8.4k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
4
votes
When an S&L is a mutual association, it means that it is owned by the Management. The members elect directors to its board of trustees. Members have no direct claim to the association's earnings and mutual associations do not issue stock shares.
Grungetta
answered
Oct 7, 2017
by
Grungetta
8.0k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Aug 7, 2021
224k
views
When Louis Martin was born, her father deposited $2000 in a savings account in her name at a savings and loan association (S&L). At the time, the S&L paid 6% interest compounded semi annually. After 10
Cbreezier
asked
Aug 7, 2021
by
Cbreezier
7.8k
points
Business
high-school
1
answer
1
vote
224k
views
asked
Apr 4, 2024
176k
views
S&L Financial buys and sells securities which it classifies as available-for-sale. On December 31, 2018, a bond has an amortized cost of $800,000. The bond's fair value adjustment has a debit balance of
Xyaren
asked
Apr 4, 2024
by
Xyaren
8.3k
points
Business
high-school
1
answer
0
votes
176k
views
asked
Aug 16, 2017
130k
views
The controversy in which members of President Reagan’s administration illegally sold arms in violation of a congressional embargo has become known as (A) the Iran-Contra Aff air (B) the S&L crisis (C)
Unrahul
asked
Aug 16, 2017
by
Unrahul
8.1k
points
History
high-school
1
answer
3
votes
130k
views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.4m
questions
12.2m
answers
Other Questions
Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search Qammunity