SECTION 15I. Purchase of stock of savings or co-operative bank, federal savings and loan association or federal saving bank

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Subject to applicable banking laws, an entity that may invest pursuant to section 15A or the legal list may purchase the whole or any part of the stock of a savings bank, co-operative bank, federal savings and loan association or federal savings bank; provided, however, that the bank or association shall be well capitalized under bank regulatory criteria.

                    
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