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 23-7-8 Loans and Financial Assistance; Eligible and Qualified Projects.

  1 provisions

  The bank may fund qualified government projects, but the loan term cannot exceed the project’s useful life.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-5A-40 Disposition of Deposit in Trust for Another Upon Death of Trustee.

  1 provisions

  If a deposit is made in trust for someone and the bank has not received written notice of the trust, the bank may pay the deposit and interest to that person after the trustee dies.

  Act or statute Open & Chat

• United States — Alabama

  Section 26-1A-208 Banks and Other Financial Institutions.

  1 provisions

  A general power of attorney for banks and other financial institutions lets the agent handle listed banking and financial transactions unless the document says otherwise.

  Act or statute Open & Chat

• United States — Alabama

  Section 11-55-8 Investment in Bonds by Savings Banks and Insurance Companies.

  1 provisions

  Savings banks and insurance companies in this state may treat bonds issued under this chapter as legal investments.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-13B-107 Separate Assets.

  1 provisions

  Foreign banks with an Alabama state branch or agency must keep in-state assets separate from out-of-state assets; certain branch or agency creditors get absolute priority over outside-Alabama creditors for in-state assets.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-10A-2 Promulgation of Rules and Regulations; Requirements of Reports, Etc., Generally.

  1 provisions

  The superintendent and certain Banking Board members may authorize a bank to act under this chapter, and they may also make, change, suspend, or end rules and require detailed reports.

  Regulation Open & Chat

• United States — Alabama

  Section 5-2A-40 Composition of Banking Board; Chairman; Appointment and Terms of Office of Members.

  1 provisions

  The Banking Board consists of the superintendent as an ex officio member and chairman, plus six Governor-appointed persons with Senate consent.

  Act or statute Open & Chat

• United States — Alabama

  Section 7-4-503 Responsibility of Presenting Bank for Documents and Goods; Report of Reasons for Dishonor; Referee in Case of Need.

  1 provisions

  A presenting bank must deliver documents to the drawee at the required time, and after dishonor it may use a referee in case of need or else must investigate, notify its transferor, and request instructions.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-13B-114 Immediate Suspension or Revocation.

  1 provisions

  The superintendent may immediately suspend or revoke a foreign bank’s license without notice or hearing if specified factors exist and the action is needed to protect creditors or the public interest.

  Act or statute Open & Chat

• United States — Alabama

  Section 2-5A-30 Definitions.

  1 provisions

  This section defines terms used in the article, including bonds, government securities, permitted investments, and refunding bonds.

  Act or statute Open & Chat

• United States — Alabama

  Section 41-10-451 Definitions.

  1 provisions

  This section defines several terms, including authority, bonds, government securities, permitted investments, refunding bonds, state, and pronouns.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-10A-6 Operation of Banks Under Federal Laws.

  1 provisions

  Any bank may take necessary or desirable steps to operate under applicable federal acts.

  Act or statute Open & Chat