A foreign bank which is licensed to maintain an Alabama state branch or Alabama state agency, whenever its articles of incorporation are amended, shall forthwith file in the office of the superintendent a copy of such amendment duly authenticated by the proper officer of the country of such foreign bank's organization, but the filing thereof may not of itself enlarge or alter the purpose or purposes for which such foreign bank is authorized to pursue in the transaction of its business in this state, nor authorize such foreign bank to transact business in this state under any name other than the name set forth in its license, nor extend the duration of its corporate existence.
Structure Code of Alabama
Title 5 - Banks and Financial Institutions.
Chapter 13B - Interstate and International Bank Acquisitions, Mergers and Branching.
Article 3 - Regulation of Foreign Banks.
Division 3 - Direct Branch, Agency, and Representative Offices of Foreign Banks.
Section 5-13B-81 - Branches and Agencies of Foreign Banks - Necessity of Licensure.
Section 5-13B-82 - Application to Establish and Maintain a Branch or Agency - Contents.
Section 5-13B-84 - Application Fee.
Section 5-13B-85 - No Concurrent Maintenance of Federal Branches or Agencies.
Section 5-13B-86 - Powers of Branch and Agency.
Section 5-13B-87 - Fiduciary Activities.
Section 5-13B-88 - Authority to Act as Agent.
Section 5-13B-89 - Representative Office of Foreign Banks - Necessity of Licensure.
Section 5-13B-90 - Representative Office - Application.
Section 5-13B-91 - Representative Office - Factors for Approval of Application.
Section 5-13B-92 - Representative Office - Permissible Activities.
Section 5-13B-93 - Representative Office - Revocation of License.
Section 5-13B-94 - Posting of License.
Section 5-13B-95 - Licenses Not Transferable.
Section 5-13B-96 - Appointment of Superintendent as Agent for Service of Process.
Section 5-13B-97 - Service of Process.
Section 5-13B-98 - Filing of Amendments to Articles of Incorporation.
Section 5-13B-99 - Amended License to Establish and Maintain a Branch or Agency.
Section 5-13B-100 - Change of Control of Foreign Bank.
Section 5-13B-101 - Relocation of Office; Written Notice Necessary.
Section 5-13B-102 - Examination; Payment of Fees.
Section 5-13B-103 - Supervision and Enforcement.
Section 5-13B-105 - Confidentiality of Examination Reports.
Section 5-13B-106 - Books, Accounts, and Records.
Section 5-13B-107 - Separate Assets.
Section 5-13B-108 - Disclosure of Lack of Deposit Insurance.
Section 5-13B-109 - Limitations on Payment of Interest on Deposits.
Section 5-13B-110 - Pledge of Assets.
Section 5-13B-111 - Asset Maintenance.
Section 5-13B-112 - Voluntary Closure of Branch, Agency, or Representative Office - Application.
Section 5-13B-113 - Suspension or Revocation of License; Factors.
Section 5-13B-114 - Immediate Suspension or Revocation.
Section 5-13B-115 - Seizure of Foreign Bank's Property and Business; Liquidation.