The superintendent with the concurrence of not less than two members of the Banking Board, or any three members of the Banking Board without action by said superintendent may authorize and empower any bank to act under the provisions of this chapter, and they are empowered to make and adopt such rules and regulations from time to time and to extend, modify, suspend or terminate any part thereof from time to time as they may deem proper for the protection of interested parties and to require such periodical and other reports in detail with respect to operation under such rules and regulations as they may see fit.
Structure Code of Alabama
Title 5 - Banks and Financial Institutions.
Chapter 10A - Banking Emergencies and Compliance With Federal Laws.
Section 5-10A-2 - Promulgation of Rules and Regulations; Requirements of Reports, etc., Generally.
Section 5-10A-3 - Declaration of Banking Holidays; Promulgation of Emergency Rules or Regulations.
Section 5-10A-4 - Extension, etc., of Banking Holiday or Emergency Rules or Regulations.
Section 5-10A-6 - Operation of Banks Under Federal Laws.
Section 5-10A-7 - Payment of Expenses of Bank Operating Without Receivership Liquidation.
Section 5-10A-9 - Segregation of Assets - Manners of Segregation.
Section 5-10A-10 - Segregation of Assets - Commingling of Items in Classes of Deposits.
Section 5-10A-11 - Segregation of Assets - Adjustments; Identification of Segregated Items.
Section 5-10A-16 - Compliance With Chapter, Federal Laws, etc., Not to Entail Liability.