A certificate of all the proceedings, including a copy of the pertinent portion of the minutes of the meeting of the board of directors at which the resolution under Section 5-7A-2 was passed, the notice which was given to each stockholder and a copy of the minutes of the stockholders' meeting, shall be made and certified to by the president and cashier of the institution under the seal thereof and acknowledged before a notary public as deeds are required to be acknowledged by a corporation and forwarded to the superintendent for his certificate of approval.
Structure Code of Alabama
Title 5 - Banks and Financial Institutions.
Chapter 7A - Bank Merger, Consolidation, or Conversion.
Article 1 - Consolidation, Merger or Transfer of State Banks.
Section 5-7A-1 - Banks May Merge or Consolidate; Transfer of Place of Business.
Section 5-7A-2 - Proceedings to Effect Consolidation, Merger or Transfer.
Section 5-7A-3 - Certificate of Proceedings to Be Forwarded to Superintendent of Banks.
Section 5-7A-4 - Issuance of Certificate of Approval by Superintendent.
Section 5-7A-5 - Examinations; Written Consent of Superintendent to Consolidation.
Section 5-7A-6 - Appeals; Applicability of Article to Branch Banks, Etc.