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2012 Code of Alabama
Title 5 - BANKS AND FINANCIAL INSTITUTIONS.
Chapter 13B - INTERSTATE AND INTERNATIONAL BANK ACQUISITIONS, MERGERS AND BRANCHING.
Article 1 Acquisitions of Banks by Bank Holding Companies.- Section 5-13B-1 - Short title.
- Section 5-13B-2 - Definitions.
- Section 5-13B-3 - Scope of article and statement of legislative intent.
- Section 5-13B-4 - Permitted acquisitions.
- Section 5-13B-5 - Required application.
- Section 5-13B-6 - Standards for approval.
- Section 5-13B-7 - Procedures relating to applications.
- Section 5-13B-8 - Reports; examinations.
- Section 5-13B-9 - Agency activities.
- Section 5-13B-10 - Penalties.
- Section 5-13B-11 - Authority to issue regulations; cooperative agreements; fees.
- Section 5-13B-20 - Purpose.
- Section 5-13B-21 - Definitions.
- Section 5-13B-22 - Establishment of interstate branches by acquisition or merger; branching.
- Section 5-13B-23 - Interstate merger transactions and branching; operation of branches.
- Section 5-13B-24 - Notice and filing requirements.
- Section 5-13B-25 - Powers.
- Section 5-13B-26 - Examinations; periodic reports; cooperative agreements; assessment of fees.
- Section 5-13B-27 - Enforcement.
- Section 5-13B-28 - Regulations.
- Section 5-13B-29 - Notice of subsequent merger, etc.
Division 1 General.
- Section 5-13B-40 - Purpose.
- Section 5-13B-41 - Definitions.
- Section 5-13B-42 - General regulation authority.
- Section 5-13B-60 - Purpose.
- Section 5-13B-61 - Operations in this state of banks owned or controlled by foreign banks and other foreign persons.
- Section 5-13B-62 - Citizenship and residency requirements for directors of state banks.
- Section 5-13B-80 - Purpose.
- Section 5-13B-81 - Branches and agencies of foreign banks - Necessity of licensure.
- Section 5-13B-82 - Application to establish and maintain a branch or agency - Contents.
- Section 5-13B-83 - Application to establish and maintain a branch or agency - Manner of filing and determination.
- Section 5-13B-84 - Application fee.
- Section 5-13B-85 - No concurrent maintenance of federal branches or agencies.
- Section 5-13B-86 - Powers of branch and agency.
- Section 5-13B-87 - Fiduciary activities.
- Section 5-13B-88 - Authority to act as agent.
- Section 5-13B-89 - Representative office of foreign banks - Necessity of licensure.
- Section 5-13B-90 - Representative office - Application.
- Section 5-13B-91 - Representative office - Factors for approval of application.
- Section 5-13B-92 - Representative office - Permissible activities.
- Section 5-13B-93 - Representative office - Revocation of license.
- Section 5-13B-94 - Posting of license.
- Section 5-13B-95 - Licenses not transferable.
- Section 5-13B-96 - Appointment of superintendent as agent for service of process.
- Section 5-13B-97 - Service of process.
- Section 5-13B-98 - Filing of amendments to articles of incorporation.
- Section 5-13B-99 - Amended license to establish and maintain a branch or agency.
- Section 5-13B-100 - Change of control of foreign bank.
- Section 5-13B-101 - Relocation of office; written notice necessary.
- Section 5-13B-102 - Examination; payment of fees.
- Section 5-13B-103 - Supervision and enforcement.
- Section 5-13B-104 - Reports.
- Section 5-13B-105 - Confidentiality of examination reports.
- Section 5-13B-106 - Books, accounts, and records.
- Section 5-13B-107 - Separate assets.
- Section 5-13B-108 - Disclosure of lack of deposit insurance.
- Section 5-13B-109 - Limitations on payment of interest on deposits.
- Section 5-13B-110 - Pledge of assets.
- Section 5-13B-111 - Asset maintenance.
- Section 5-13B-112 - Voluntary closure of branch, agency, or representative office - Application.
- Section 5-13B-113 - Suspension or revocation of license; factors.
- Section 5-13B-114 - Immediate suspension or revocation.
- Section 5-13B-115 - Seizure of foreign bank's property and business; liquidation.
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