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2020 Code of Alabama
Title 5 - Banks and Financial Institutions.
Chapter 9A - Reorganization of Banks.
Section 5-9A-3 - Publication of Reorganization Plan.
Universal Citation:
AL Code § 5-9A-3 (2020)
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Section 5-9A-3
Publication of reorganization plan.
Upon the filing of such report and petition, the court shall order notice to be given to all parties in interest by publication in some newspaper published in the county where the principal business office of such bank is located once a week for two consecutive weeks, which notice shall set forth substantially the plan of such reorganization and require all parties in interest to appear at a specified time either to consent to or protest against the plan for such reorganization.
(Acts 1980, No. 80-658, §5-9-3.)
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