Section 5-5A-31 Liability for Transactions on Legal Holidays.

A bank is treated the same on a legal holiday as on a legal banking day for deposits and other business, and it gets the same protection for holiday payment transactions.

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

bank liability holiday banking transactions payment protection

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Section 5-5A-31 Liability for Transactions on Legal Holidays.

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