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2012 Code of Alabama
Title 5 - BANKS AND FINANCIAL INSTITUTIONS.
Chapter 7A - BANK MERGER, CONSOLIDATION, OR CONVERSION.
Article 1 Consolidation, Merger or Transfer of State Banks.- Section 5-7A-1 - Banks may merge or consolidate; transfer of place of business.
- Section 5-7A-2 - Proceedings to effect consolidation, merger or transfer.
- Section 5-7A-3 - Certificate of proceedings to be forwarded to Superintendent of Banks.
- Section 5-7A-4 - Issuance of certificate of approval by superintendent.
- Section 5-7A-5 - Examinations; written consent of superintendent to consolidation.
- Section 5-7A-6 - Appeals; applicability of article to branch banks, etc.
- Section 5-7A-20 - Conversion of national bank, etc., into state bank - Procedure.
- Section 5-7A-21 - Conversion of national bank, etc., into state bank - Execution of articles of incorporation and organization certificate; powers of directors, etc.
- Section 5-7A-22 - Conversion of national bank, etc., into state bank - Powers and duties of bank, stockholders, officers, etc., upon issuance of certificate.
- Section 5-7A-23 - Declaration of incorporation.
- Section 5-7A-24 - Issuance of stock by state bank.
- Section 5-7A-40 - Authorized; exchange of stock.
- Section 5-7A-41 - Meeting of stockholders for purpose of conversion or consolidation.
- Section 5-7A-42 - Transfer of property of state bank to national bank.
- Section 5-7A-43 - Continuation of identity, obligations, etc., of state bank.
- Section 5-7A-44 - Rights of dissenting shareholders.
- Section 5-7A-46 - Sections not to affect general or local law, etc.
- Section 5-7A-60 - Purpose.
- Section 5-7A-61 - Definitions.
- Section 5-7A-62 - Application to convert charter; written plan of conversion; authorizing resolution; submission to superintendent; fee; tentative approval; vote of stockholders or members; directors; articles of incorporation and bylaws; statement of superintendent's objections; amendment; appeal of disapproval; application to FDIC; final approval and permit.
- Section 5-7A-63 - Resulting bank as continuation of savings institution.
- Section 5-7A-64 - Maintenance and operation of offices.
- Section 5-7A-65 - Expansion or branching limited.
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