Section 5-5A-14 Capital - Minimum Amount Required for Incorporation of Bank. — United States — Alabama law | Esheria

Section 5-5A-14 Capital - Minimum Amount Required for Incorporation of Bank.

Banks organized under Alabama law must have at least $800,000 in initial paid-in capital, and the superintendent can require more or, in a takeover-type case, less.

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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 incorporation capital requirements

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