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.
AI-assisted research synopsis — verify against the official legal text below.
- Jurisdiction
- United States — Alabama
- Instrument
- Act or statute
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
bank overdrafts commissions loan procurement
Statute overview
About this statute
This page preserves the statute’s identified version, provision structure, official source link, and stored legal text for reading and research.
Ask AI about this statute
Section 5-6A-22 Overdrawing Own Account; Receipt of Commissions, Etc., to Procure Loans, Discounts, Etc.
Sign in to ask AI about this statute
Sign in to start authenticated, citation-grounded statute research.
Sign in