Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
mutual association
A mutually owned, cooperative savings and loan association, with the deposits being shares of the association. ( A mutual association is not allowed to issue stock and is usu. regulated by the Office of Thrift Supervision, an agency of the U.S. Treasury Department. - See SAVINGS-AND-LOAN ASSOCIATION.