Section 5-8A-25 Passage of Title to Assets, Etc., of Banking Institution to Receiver.
When a receiver is appointed to liquidate a bank, the bank’s assets, business, and property pass to the receiver.
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- Jurisdiction
- United States — Alabama
- Instrument
- Act or statute
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- Undated source snapshot
- Language
- en
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asset transfer bank liquidation title vesting
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Section 5-8A-25 Passage of Title to Assets, Etc., of Banking Institution to Receiver.
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