There shall be a State Banking Department which shall administer the laws of this state which regulate or otherwise relate to corporations doing or carrying on a banking business in the state, all laws relating to savings and loan associations doing business in this state and all laws relating to persons, firms or corporations engaging in the loan business in this state. The authority of the State Banking Department to perform such functions shall be exclusive.
Structure Code of Alabama
Title 5 - Banks and Financial Institutions.
Chapter 2A - State Banking Department.
Article 1 - General Provisions.
Section 5-2A-1 - Creation of Department; Duties Generally.
Section 5-2A-2 - Offices, Venue.
Section 5-2A-4 - Superintendent - Oath and Bond.
Section 5-2A-5 - Superintendent - Seal of Office; Recordation of Executed Papers.
Section 5-2A-6 - Superintendent - Removal; Removal of Member of Banking Board.
Section 5-2A-7 - Superintendent - Expansion of Banking Powers; Rules and Regulations.
Section 5-2A-8 - Superintendent - Promulgation and Interpretation of Regulations.
Section 5-2A-10 - Superintendent - Make Good Any Impairment of Capital.
Section 5-2A-11 - Superintendent - Losses; Bank to Correct Impairment of Capital.
Section 5-2A-13 - Superintendent - Annual Report to Governor; Publication and Distribution, Etc.
Section 5-2A-14 - Superintendent - Reports of Criminal Violations to Grand Juries.
Section 5-2A-16 - Limitation of Liability of Superintendent, Members of Banking Board, or Employees.
Section 5-2A-17 - Bank Examiners - Oath; Duties Generally.
Section 5-2A-18 - Bank Examiners - Commission.
Section 5-2A-19 - Bond of Examiners and Office Assistants.
Section 5-2A-20 - Assessment of Banks - When Payable; Amount; Disposition of Revenue.
Section 5-2A-23 - Legal Counsel.
Section 5-2A-24 - Examination of Small Loan Companies; Fees.