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2023 Code of Alabama
Title 5 - Banks and Financial Institutions.
Chapter 7A - Bank Merger, Consolidation, or Conversion.
Article 4 - Conversion of Savings Institutions Into State Banks.
- Section 5-7A-60 - Purpose.
- Section 5-7A-61 - Definitions.
- Section 5-7A-62 - Application to Convert Charter; Written Plan of Conversion; Authorizing Resolution; Submission to Superintendent; Fee; Tentative Approval; Vote of Stockholders or Members; Directors; Articles of Incorporation and Bylaws; Statement of Superintendent's Objections; Amendment; Appeal of Disapproval; Application to Fdic; Final Approval and Permit.
- Section 5-7A-63 - Resulting Bank as Continuation of Savings Institution.
- Section 5-7A-64 - Maintenance and Operation of Offices.
- Section 5-7A-65 - Expansion or Branching Limited.
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