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 5-5A-47 Liability of Directors or Officers; Enforcement Powers of Superintendent.

  1 provisions

  Bank directors or officers who knowingly and willfully violate, or knowingly and willfully allow violations by others, are personally liable for damages. The superintendent may seek restitution and may intervene in related court actions.

  Act or statute Open & Chat

• United States — Alabama

  Section 8-6-92 Liability of Bank, Transfer Agent, Etc., for Treating Minor as Having Capacity to Exercise Security Rights; Presumption That Holder Not Minor.

  1 provisions

  A bank, broker, issuer, third-party, or transfer agent generally is not liable for treating a minor as if they can exercise security rights, and may assume the holder is not a minor unless this article says otherwise.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-5A-26 Acceptance of Drafts or Bills of Exchange Arising from Transactions Involving Shipment of Goods - Limitations.

  1 provisions

  Banks are generally barred from accepting these bills above certain capital-based limits, unless secured, with a higher allowance for member banks of the Federal Reserve System.

  Act or statute Open & Chat

• United States — Alabama

  Section 8-6-91 Definitions.

  1 provisions

  This section defines terms used in the article, including bank, broker, issuer, person, security, third-party, and transfer agent.

  Act or statute Open & Chat

• United States — Alabama

  Section 41-14-30 Deposit of Funds in Qualified Public Depositories; Types of Investments.

  1 provisions

  The State Treasurer may deposit state money in qualified public depositories and may invest state funds in certain U.S. obligations, repurchase agreements, commercial paper, and banker’s acceptances.

  Act or statute Open & Chat

• United States — Alabama

  Section 24-1-80 Security for Funds Deposited by Authorities in Banks and Trust Companies.

  1 provisions

  The authority may adopt a resolution requiring its deposited funds to be secured, and banks and trust companies may give that security.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-8A-41 Inventory of Assets of Bank; Filing List of Claims.

  1 provisions

  The receiver must inventory the bank’s assets, prepare a duplicate claims list, file copies with the receiver and the clerk of the receivership court, and keep the inventory and claims list open for inspection.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-2A-45 Compensation of Members.

  1 provisions

  Members of the Banking Board generally may not be paid for service, but appointed members are entitled to $50 per day plus expenses when the board is in session.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-13B-98 Filing of Amendments to Articles of Incorporation.

  1 provisions

  A licensed foreign bank must promptly file an authenticated copy of any amendment to its articles of incorporation with the superintendent.

  Act or statute Open & Chat

• United States — Alabama

  Section 23-7-3 Creation; Purpose; Accounts.

  1 provisions

  This provision creates the Alabama Transportation Infrastructure Bank, says it is governed by a board of directors, states its financing purpose, and requires it to maintain at least two accounts.

  Act or statute Open & Chat

• United States — Alabama

  Section 7-3-503 Notice of Dishonor.

  1 provisions

  Notice of dishonor must be given within specific time limits, and it may be given by any person in commercially reasonable ways.

  Notice Open & Chat

• United States — Alabama

  Section 5-1A-5 Supervisory Provisions Not Applicable to National Banks.

  1 provisions

  The supervisory provisions in Chapters 1A through 12A do not apply to national banks.

  Act or statute Open & Chat