Code of Alabama
Article 1 - General Provisions.
Section 5-2A-6 - Superintendent - Removal; Removal of Member of Banking Board.

(a) The superintendent or any member of the Banking Board may be removed from office by a vote of two thirds of the members of the entire banking board for:
(1) Neglect of duty;
(2) Malfeasance;
(3) Misfeasance;
(4) Extortion or corruption in office;
(5) Incompetency;
(6) Intemperance in the use of intoxicating liquors or narcotics to such an extent, in view of the dignity of the office and the importance of its duties, as to render such person unfit for the discharge of his duties; or
(7) Any offense involving moral turpitude while in office, committed under color thereof or connected therewith.
(b) The superintendent may also be removed from office, without cause, upon written order of four appointed members of the Banking Board and the Governor.

Structure Code of Alabama

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-3 - Superintendent - Qualifications, Appointment and Term of Office; Filling of Vacancies.

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-9 - Superintendent - Procedure for Promulgation of Regulations; Emergency Regulations; Judicial Review.

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-12 - Superintendent - Order to Correct Unsafe and Unsound Matters; Penalties; Procedure.

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-15 - Appointment, etc., of Assistants and Employees Generally; Bond of Deputy Superintendent.

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-21 - Assessment of Banks - Fees for Failure to Pay Assessment; Proceedings for Collection of Assessment.

Section 5-2A-22 - Independent Audits; Minimum Standards; Advisory Committee; Report in Lieu of Audit.

Section 5-2A-23 - Legal Counsel.

Section 5-2A-24 - Examination of Small Loan Companies; Fees.