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 24-1-42 Security for Funds Deposited by Authorities in Banks and Trust Companies.

  1 provisions

  The authority may require deposited money to be secured in specified ways, and banks and trust companies may provide that security.

  Act or statute Open & Chat

• United States — Alabama

  Section 28-4-126 Presentation, Collection, Etc., by Bank, Etc., of Draft, Bill of Exchange, Etc., Attached To, Connected With, Etc., Bill of Lading, Order, Etc., for Prohibited Liquors or Beverages.

  1 provisions

  Banks, bankers, and related persons may not handle certain payment instruments tied to prohibited liquor shipments.

  Order Open & Chat

• United States — Alabama

  Section 11-20-10 Investment in Bonds by Savings Banks and Insurance Companies.

  1 provisions

  Bonds issued under this article are legal investments for qualifying savings banks and insurance companies.

  Act or statute Open & Chat

• United States — Alabama

  Section 45-57A-62.10 Appointing Bank or Trust Company as a Depository.

  1 provisions

  The board must appoint a bank or trust company in the city as depository, and the treasurer must deposit all fund money there.

  Act or statute Open & Chat

• United States — Alabama

  Section 7-4-210 Security Interest of Collecting Bank in Items, Accompanying Documents, and Proceeds.

  1 provisions

  A collecting bank gets a security interest in an item, related documents, and proceeds under specified credit and advance conditions, and that interest continues until final settlement or loss of possession/control for non-collection purposes.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-5A-46 False, Etc., Statements, Etc., Affecting Financial Standing of Bank.

  1 provisions

  A person must not willfully and maliciously spread or help spread false, libelous, or slanderous statements about a bank’s financial condition or solvency.

  Act or statute Open & Chat

• United States — Alabama

  Section 22-21-146 Bonds - Legal Investment - Banks, Insurers and Fiduciaries.

  1 provisions

  Bonds issued under this article are legal investments for Alabama savings banks and insurance companies, and fiduciaries may invest trust funds in the authority’s bonds unless a court or governing document directs otherwise.

  Act or statute Open & Chat

• United States — Alabama

  Section 7-4-105 “Bank”; “Depositary Bank”; “Payor Bank”; “Intermediary Bank”; “Collecting Bank”; “Presenting Bank.”

  1 provisions

  This provision defines several banking terms, including bank, depositary bank, payor bank, intermediary bank, collecting bank, and presenting bank.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-3A-1 Required Times; Items to Be Examined; Applicability to Bank Holding Companies and Affiliates.

  1 provisions

  The superintendent must inspect Alabama banks on a regular basis and may also examine bank holding companies and related affiliates in certain circumstances.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-5A-35 Agreements Between Principal and Sureties on Bond for Deposit of Money and Assets in Bank, Etc.

  1 provisions

  A person required to post a bond may agree with the surety to deposit responsible money or assets in an approved bank or depository for safekeeping, with withdrawals blocked unless the surety consents in writing or the court orders otherwise.

  Act or statute Open & Chat

• United States — Alabama

  Section 7-4A-208 Misdescription of Intermediary Bank or Beneficiary’s Bank.

  1 provisions

  The section lets a receiving bank rely on a bank identifier or name in certain payment orders, and makes the sender compensate the receiving bank for losses and expenses caused by that reliance.

  Act or statute Open & Chat

• United States — Alabama

  Section 7-4-106 Payable through or Payable at Bank; Collecting Bank.

  1 provisions

  An item marked payable through or payable at a bank must be presented for payment only by or through that bank, and that bank is treated as a collecting bank rather than being automatically authorized to pay the item.

  Act or statute Open & Chat