There is a newer version
of
this Section
2018 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.
Universal Citation: AL Code § 5-7A-1 (2018)
Section 5-7A-1Banks may merge or consolidate; transfer of place of business.
Any bank may consolidate or merge with or transfer its assets and liabilities to another bank and any bank may move its office or place of business from one city or town to another city or town within the state.
(Acts 1980, No. 80-658, §5-7-1.)
Disclaimer: These codes may not be the most recent version. Alabama may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
