Code of Alabama
Title 5 - Banks and Financial Institutions.
Chapter 10A - Banking Emergencies and Compliance With Federal Laws.

Section 5-10A-1 - Authorization or Direction of Banks to Postpone Paying Liabilities, Segregate Deposits and Assets, Renew Loans, Etc. - The superintendent with the concurrence of not less than two...

Section 5-10A-2 - Promulgation of Rules and Regulations; Requirements of Reports, etc., Generally. - The superintendent with the concurrence of not less than two...

Section 5-10A-3 - Declaration of Banking Holidays; Promulgation of Emergency Rules or Regulations. - Whenever, in the opinion of the superintendent it shall be...

Section 5-10A-4 - Extension, etc., of Banking Holiday or Emergency Rules or Regulations. - Any such bank holiday or any such rule or regulation...

Section 5-10A-5 - Sections 5-10a-1 Through 5-10a-4 Applicable Only in Emergencies; Duration of Emergency Action. - The provisions of Sections 5-10A-1 through 5-10A-4 authorize actions to...

Section 5-10A-6 - Operation of Banks Under Federal Laws. - Any bank may do any and all things necessary or...

Section 5-10A-7 - Payment of Expenses of Bank Operating Without Receivership Liquidation. - Whenever, pursuant to any provision of this chapter, any bank...

Section 5-10A-8 - Segregation of Assets - Manner of Segregation Generally; Distribution of Segregated Assets Upon Receivership Liquidation of Bank. - Whenever pursuant to any provision of state or federal law...

Section 5-10A-9 - Segregation of Assets - Manners of Segregation. - Whenever pursuant to any provision of state or federal law...

Section 5-10A-10 - Segregation of Assets - Commingling of Items in Classes of Deposits. - Within any class of deposits in any bank for the...

Section 5-10A-11 - Segregation of Assets - Adjustments; Identification of Segregated Items. - Whenever any bank is required to segregate particular assets under...

Section 5-10A-12 - Discharge of Deposits of Script, Clearinghouse Certificates or Emergency Currency. - Any deposit of script, clearinghouse certificates or emergency currency in...

Section 5-10A-13 - Issuance and Reissuance of Script, Clearinghouse Certificates or Emergency Currency. - The superintendent with the concurrence of not less than two...

Section 5-10A-14 - Issuance of Notes or Certificates of Indebtedness as Evidence of Compensation for Services or Labor During Banking Emergency. - Where a banking emergency has been proclaimed by the superintendent...

Section 5-10A-15 - Authorization and Approval of Reorganization of Bank Without Receivership Liquidation. - The superintendent with the concurrence of not less than two...

Section 5-10A-16 - Compliance With Chapter, Federal Laws, etc., Not to Entail Liability. - No bank nor any surety or guarantor of any bank...

Section 5-10A-17 - Officers Not to Incur Liability or Penalties for Compliance With Orders of Superintendent, Federal Laws, Etc. - No public officer or surety on his official bond shall...