Municipalities may levy a license on savings and loan associations in proportion to the amount paid in on nonwithdrawable shares, reserves, and undivided profits of the association upon the same schedule as is provided for banks and none other.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 2 - Provisions Applicable to Municipal Corporations Only.
Section 11-51-120 - Insurance Companies - Fire and Marine Insurance Companies.
Section 11-51-124 - Railroads.
Section 11-51-125 - Railway Sleeping Car Companies, Etc.
Section 11-51-126 - Express Companies.
Section 11-51-127 - Telegraph Companies.
Section 11-51-128 - Telephone Companies.
Section 11-51-129 - Street Railroads, Electric, Gas, and Waterworks Companies, Etc.
Section 11-51-131 - Savings and Loan Associations.
Section 11-51-132 - License Requirement or Tax on Certain Real Estate Companies Prohibited.