There is a newer version of the Code of Alabama
2012 Code of Alabama
Title 5 - BANKS AND FINANCIAL INSTITUTIONS.
Chapter 2A - STATE BANKING DEPARTMENT.
Article 1 General Provisions.- Section 5-2A-1 - Creation of department; duties generally.
- Section 5-2A-2 - Offices, venue.
- Section 5-2A-3 - Superintendent - Qualifications, appointment and term of office; filling of vacancies.
- Section 5-2A-4 - Superintendent - Oath and bond.
- Section 5-2A-5 - Superintendent - Seal of office; recordation of executed papers.
- Section 5-2A-6 - Superintendent - Removal; removal of member of Banking Board.
- Section 5-2A-7 - Superintendent - Expansion of banking powers; rules and regulations.
- Section 5-2A-8 - Superintendent - Promulgation and interpretation of regulations.
- Section 5-2A-9 - Superintendent - Procedure for promulgation of regulations; emergency regulations; judicial review.
- Section 5-2A-10 - Superintendent - Make good any impairment of capital.
- Section 5-2A-11 - Superintendent - Losses; bank to correct impairment of capital.
- Section 5-2A-12 - Superintendent - Order to correct unsafe and unsound matters; penalties; procedure.
- Section 5-2A-13 - Superintendent - Annual report to Governor; publication and distribution, etc.
- Section 5-2A-14 - Superintendent - Reports of criminal violations to grand juries.
- Section 5-2A-15 - Appointment, etc., of assistants and employees generally; bond of deputy superintendent.
- Section 5-2A-16 - Limitation of liability of superintendent, members of Banking Board, or employees.
- Section 5-2A-17 - Bank examiners - Oath; duties generally.
- Section 5-2A-18 - Bank examiners - Commission.
- Section 5-2A-19 - Bond of examiners and office assistants.
- Section 5-2A-20 - Assessment of banks - When payable; amount; disposition of revenue.
- Section 5-2A-21 - Assessment of banks - Fees for failure to pay assessment; proceedings for collection of assessment.
- Section 5-2A-22 - Independent audits; minimum standards; advisory committee; report in lieu of audit.
- Section 5-2A-23 - Legal counsel.
- Section 5-2A-24 - Examination of small loan companies; fees.
- Section 5-2A-40 - Composition of Banking Board; chairman; appointment and terms of office of members.
- Section 5-2A-41 - Meetings of board - Notice; executive session; confidentiality.
- Section 5-2A-42 - Meetings of board - Place.
- Section 5-2A-43 - Quorum.
- Section 5-2A-44 - Filling of vacancies; qualification of members.
- Section 5-2A-45 - Compensation of members.
- Section 5-2A-60 - Composition.
- Section 5-2A-61 - Created; commissioner and deputy commissioner generally; examiners; disclosure of information by officers; seal of commissioner.
- Section 5-2A-62 - Supervisory powers of commissioner generally; approvals, etc., by commissioner; permits required of savings and loan associations.
- Section 5-2A-63 - Savings and Loan Board; appeals from orders, etc., of commissioner or board.
- Section 5-2A-80 - Created; supervisor of bureau; inspections; records, reports, etc., not open to public.
- Section 5-2A-81 - Revocation and suspension of licenses; injunctive relief as to violations of Small Loan Act.
- Section 5-2A-82 - Appeals from acts of bureau or supervisor.
- Section 5-2A-83 - Payment of salaries and expenses.
Division 1 General Provisions.
- Section 5-2A-100 - Created; appointment of supervisor and other employees; supervisor's oath and bond; investigations; records, reports, etc., open to public.
- Section 5-2A-101 - Qualifications of supervisor.
- Section 5-2A-102 - Supervision, inspection and examinations of credit unions.
- Section 5-2A-103 - Payment of operating expenses.
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