Section 5-6A-22 Overdrawing Own Account; Receipt of Commissions, Etc., to Procure Loans, Discounts, Etc. — United States — Alabama law | Esheria

Section 5-6A-22 Overdrawing Own Account; Receipt of Commissions, Etc., to Procure Loans, Discounts, Etc.

Bank officers, directors, and employees must not overdraw their bank accounts to obtain bank funds, unless the superintendent allows it by regulation, and must not take commissions or other value for helping procure loans or discounts from the bank.

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Jurisdiction
United States — Alabama
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Official source
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bank overdrafts commissions loan procurement

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