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-96 Appointment of Superintendent as Agent for Service of Process.

  1 provisions

  A licensed foreign bank must file an instrument naming the superintendent as agent for service of process, and if it does not file one after establishing the listed Alabama offices, it is deemed to have made that appointment anyway.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-1A-1 Short Title.

  1 provisions

  This provision says Chapters 1A through 13B and Chapter 20 of this title may be cited as the Alabama Banking Code.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-5A-32 Closing of Banks, Etc., Permitted on One Business Day of Each Week.

  1 provisions

  Banks or their branches may close on one business day each week, and the superintendent may allow additional closure days in an emergency.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-5A-42 Adverse Claims to Deposits.

  1 provisions

  A bank does not have to recognize an adverse claim to a deposit unless the claimant gets court process against the bank or gives the bank an acceptable indemnity bond.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-2A-8 Superintendent - Promulgation and Interpretation of Regulations.

  1 provisions

  The superintendent may issue reasonable banking regulations with required board concurrence, and must issue written interpretations of banking laws and regulations.

  Regulation Open & Chat

• United States — Alabama

  Section 5-8A-25 Passage of Title to Assets, Etc., of Banking Institution to Receiver.

  1 provisions

  When a receiver is appointed to liquidate a bank, the bank’s assets, business, and property pass to the receiver.

  Act or statute Open & Chat

• United States — Alabama

  Section 7-4-107 Separate Office of Bank.

  1 provisions

  A bank branch or separate office is treated as a separate bank when calculating time and deciding where action, notice, or orders may be taken or given under this article and Article 3.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-3A-16 Failure to Pay for Publication of Bank Report by Superintendent.

  1 provisions

  If a bank does not pay publication costs for a required bank report, it must pay the state $100 plus the publication cost.

  Act or statute Open & Chat

• United States — Alabama

  Section 7-4A-305 Liability for Late or Improper Execution or Failure to Execute Payment Order.

  1 provisions

  A receiving bank that improperly executes or fails to execute a payment order may have to pay interest, expenses, interest losses, and some attorney’s fees, with extra damages limited by agreement.

  Order Open & Chat

• United States — Alabama

  Section 5-13B-29 Notice of Subsequent Merger, Etc.

  1 provisions

  Certain out-of-state state banks, or their home state regulator, must give the superintendent at least 30 days’ prior written notice before a merger, consolidation, or other control-changing transaction, unless emergency-transaction rules allow shorter notice.

  Notice Open & Chat

• United States — Alabama

  Section 5-7A-60 Purpose.

  1 provisions

  This article allows certain savings and loan associations and savings banks to convert to state chartered banks if the Superintendent of Banks for Alabama approves.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-7A-44 Rights of Dissenting Shareholders.

  1 provisions

  Dissenting state bank shareholders can demand cash for their shares after a conversion, merger, or consolidation if they follow the request and certificate-surrender steps.

  Act or statute Open & Chat