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-86 Powers of Branch and Agency.

  1 provisions

  Foreign bank branches and agencies in Alabama generally have the same rights and powers as an Alabama state bank, but they are also subject to the same duties and limits, with specific deposit and supervisory exceptions.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-4A-2 Applicability of Chapter to State and National Banks, Etc.

  1 provisions

  This chapter applies to banks and, if not contrary to U.S. law or regulation, also benefits national banking associations doing business in this state.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-2A-16 Limitation of Liability of Superintendent, Members of Banking Board, or Employees.

  1 provisions

  The superintendent, Banking Board members, and Banking Department employees are not personally liable for acts done in good faith while performing their lawful duties.

  Act or statute Open & Chat

• United States — Alabama

  Section 7-3-411 Refusal to Pay Cashier’s Checks, Teller’s Checks, and Certified Checks.

  1 provisions

  If an obligated bank wrongly refuses to pay certain checks, the person entitled to enforce the check can get compensation for expenses and lost interest, and may recover consequential damages after notice of special circumstances.

  Act or statute Open & Chat

• United States — Alabama

  Section 7-4-213 Medium and Time of Settlement by Bank.

  1 provisions

  This section says a bank’s settlement medium and timing can be set by regulations, clearing-house rules, or agreement; otherwise, default rules apply.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-5A-4 Procedure for Incorporation - Investigation as to Fitness of Stockholders and Executive Officers and Necessity for Banks.

  1 provisions

  The superintendent must investigate bank-incorporation fitness and community need before a bank is located in the community.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-5A-5 Procedure for Incorporation - Filing of Objections to Incorporation of Proposed Bank; Investigation of Objections.

  1 provisions

  Certain community banks or reputable citizens may object to a proposed bank incorporation, and the superintendent must investigate any objection filed.

  Act or statute Open & Chat

• United States — Alabama

  Section 22-19-100 Training of Eye Bank Employees in Eye Tissue Procurement.

  1 provisions

  The Alabama Eye Bank is authorized to train its employees in sterile eye tissue procurement.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-7A-6 Appeals; Applicability of Article to Branch Banks, Etc.

  1 provisions

  If consent is refused, an appeal may be taken to the circuit court of the county where the institution is located. The article also applies to banks with branches and their branch offices the same way it applies to other banks.

  Act or statute Open & Chat

• United States — Alabama

  Section 11-54-149 Bonds Made Legal Investments.

  1 provisions

  The bonds covered by this article may be treated as legal investments for state-law saving banks and insurance companies.

  Act or statute Open & Chat

• United States — Alabama

  Section 7-4A-506 Rate of Interest.

  1 provisions

  A receiving bank may have its interest amount set by agreement or by a funds-transfer system rule, and if interest is owed but not otherwise determined it is calculated by a federal-funds-rate formula; in some failed-transfer refunds, the interest is reduced by the bank’s reserve-requirement percentage.

  Act or statute Open & Chat

• United States — Alabama

  Section 23-7-17 Bonds Authorized.

  1 provisions

  The bank may issue bonds for qualified projects and may pledge its revenue, funds, and other assets to secure payment of those bonds, subject to stated prior-pledge limits.

  Act or statute Open & Chat