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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-4 - Issuance of certificate of approval by superintendent.
Universal Citation: AL Code § 5-7A-4 (2018)
Section 5-7A-4Issuance of certificate of approval by superintendent.
If the superintendent approves the entire proceedings, he shall issue his certificate of approval in writing, in duplicate, one copy being filed in his office and the other forwarded, along with the certificate, to the official or officials where articles of merger or consolidation would be filed under the business corporation laws of this state, for record at the expense of the institution affected.
(Acts 1980, No. 80-658, §5-7-4.)
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