2020 Code of Alabama
Title 5 - Banks and Financial Institutions.
Chapter 2A - State Banking Department.
Article 3 - Bureau of Savings and Loan.
Section 5-2A-60 - Composition.

Universal Citation: AL Code § 5-2A-60 (2020)

Section 5-2A-60

Composition.

The Bureau of Savings and Loan shall consist of:

(1) A Savings and Loan Board;

(2) A Commissioner of Savings and Loan, who shall be the chief officer of the Bureau of Savings and Loan, who shall be ex officio a member and Chairman of the Savings and Loan Board and who shall be the same person who is appointed Superintendent of Banks; and

(3) Such subordinate divisions and employees as are provided for in this chapter.

(Acts 1939, No. 14, p. 11; Acts 1939, No. 170, p. 294; Code 1940, T. 5, §23; Code 1975, §5-2-60.)

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