Section 5-7A-24 Issuance of Stock by State Bank.

A state bank may issue stock to the stockholders of the national bank it was converted from, matching the same amount and par value each stockholder already held.

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

bank conversion stock issuance

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Section 5-7A-24 Issuance of Stock by State Bank.

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