Esheria Regulatory Atlas

Banking and finance in United States — Alabama

Financial services, banking, payments, credit, securities, and regulated finance. Every result links to its stored legal text and available official source evidence.

1,342 matching statutes

• United States — Alabama

  Section 5-13B-83 Application to Establish and Maintain a Branch or Agency - Manner of Filing and Determination.

  1 provisions

  Foreign banks applying for an Alabama state branch or agency license must file specified documents with the superintendent, who must issue the license if the stated requirements and fees are satisfied.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-5A-30 Transactions of Business on Legal Holidays; Use of Automated Teller Machine or Other Instrumentality, Transaction Fees, Disclosure; Limitation on Contractual Fee Restrictions, Intent of Limitation, Applicability.

  1 provisions

  Banks may do business on legal holidays (except Sunday), use ATMs or similar devices, charge transaction fees, and must disclose those fees.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-10A-3 Declaration of Banking Holidays; Promulgation of Emergency Rules or Regulations.

  1 provisions

  If an emergency is believed to exist, the superintendent or three Banking Board members may declare a bank holiday or issue/approve emergency banking rules.

  Regulation Open & Chat

• United States — Alabama

  Section 23-7-1 Short Title.

  1 provisions

  This chapter may be cited as the Alabama Transportation Infrastructure Bank Act.

  Act or statute Open & Chat

• United States — Alabama

  Section 23-7-5 Powers and Functions.

  1 provisions

  The bank has broad powers to operate itself and carry out its functions, but it may not hold itself out as a bank or trust company or as a regulated securities dealer.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-3A-13 Semiannual Report by Banks - Special Reports of Banks.

  1 provisions

  The superintendent may require a special report from a bank when needed for public protection or to understand the bank’s condition, but cannot require that report to be published in a newspaper.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-13B-80 Purpose.

  1 provisions

  This section says foreign banks may operate certain offices in the state under licenses from the superintendent, and the superintendent may license, regulate, and supervise those offices.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-5A-10 Permit to Transact Business - Required.

  1 provisions

  Banks may not do banking business until they get a permit from the superintendent. A person acting for a newly incorporated bank before it is authorized can commit a misdemeanor and be fined. The superintendent may seek an injunction to stop the business.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-8A-30 Collection of Claims of Bank, Etc.

  1 provisions

  When a bank receiver takes possession, the receiver may collect the bank’s money and take necessary steps to conserve assets, and must collect debts and claims, liquidate the bank’s affairs, and record satisfaction of paid liens.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-13B-87 Fiduciary Activities.

  1 provisions

  Foreign banks need a certificate of authority before engaging in fiduciary activities at an Alabama state branch or agency.

  Act or statute Open & Chat

• United States — Alabama

  Section 45-46-40 Branch Banking.

  1 provisions

  Banks based in Marengo County, Alabama may open and run branches or additional offices there, but they must first get the Superintendent of Banks’ written consent.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-2A-3 Superintendent - Qualifications, Appointment and Term of Office; Filling of Vacancies.

  1 provisions

  The superintendent must meet character and experience requirements, avoid interests or loans with state-chartered banks, and is appointed by the Governor with Senate consent.

  Act or statute Open & Chat