Section 5-1A-4 Restrictions on Engaging in Banking Business.

Most non-bank entities are barred from lending money and also receiving deposits or paying checks at a principal office or branch in the state, except banks and certain lawfully authorized credit unions or savings and loan associations.

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Jurisdiction: United States — Alabama
Instrument: Act or statute
Version: Undated source snapshot
Language: en
Official source: View official record ↗

banking business checks deposits lending

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Section 5-1A-4 Restrictions on Engaging in Banking Business.

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