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2018 Code of Alabama
Title 5 - BANKS AND FINANCIAL INSTITUTIONS.
Chapter 5A - ORGANIZATION AND OPERATION OF BANKS.
Section 5-5A-17 - Amendment of certificate of incorporation; approval of amended certificate of incorporation.
Universal Citation: AL Code § 5-5A-17 (2018)
Section 5-5A-17Amendment of certificate of incorporation; approval of amended certificate of incorporation.
A bank may amend its certificate of incorporation in the manner provided by the laws governing business corporations. No proposed amendment of a certificate of incorporation of a bank is valid unless approved in writing by the superintendent and may not be recorded unless such written approval accompanies the proposed amendment.
(Acts 1980, No. 80-658, §5-5-17.)
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