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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-3 - Certificate of proceedings to be forwarded to Superintendent of Banks.
Universal Citation: AL Code § 5-7A-3 (2018)
Section 5-7A-3Certificate of proceedings to be forwarded to Superintendent of Banks.
A certificate of all the proceedings, including a copy of the pertinent portion of the minutes of the meeting of the board of directors at which the resolution under Section 5-7A-2 was passed, the notice which was given to each stockholder and a copy of the minutes of the stockholders' meeting, shall be made and certified to by the president and cashier of the institution under the seal thereof and acknowledged before a notary public as deeds are required to be acknowledged by a corporation and forwarded to the superintendent for his certificate of approval.
(Acts 1980, No. 80-658, §5-7-3.)
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