Section 5-2A-11 Superintendent - Losses; Bank to Correct Impairment of Capital.

Banks must record losses on their books, and if capital is impaired after notice from the superintendent, the bank must restore the impairment in a superintendent-approved manner.

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

capital impairment loss accounting

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Section 5-2A-11 Superintendent - Losses; Bank to Correct Impairment of Capital.

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