Code of Alabama
Title 5 - Banks and Financial Institutions.
Chapter 11A - Regulation of Trust Business of Banks and Trust Companies.

Article 1 - General Provisions.

Section 5-11A-1 - Amenability of Trust Companies to Banking Laws; Use of Word "Trust" in Corporate Name Generally; Operation of Trust Departments, etc., by Banks. - All corporations organized and operating as trust companies shall have...

Section 5-11A-1.1 - Branching of Trust Companies; Branching of Out-of-State Trust Companies; Reciprocity; Cooperative Agreements. - All corporations organized under this chapter shall have the right...

Section 5-11A-2 - Written Approval of Superintendent to Conduct Trust Business. - No bank shall have the right to operate or conduct...

Section 5-11A-3 - Capital Stock Requirements for Trust Companies. - No trust company hereafter organized under the laws of Alabama...

Section 5-11A-4 - Use of Word "Trust" in Designation or Name of Entity. - Except in the case of any entity which is organized...

Section 5-11A-5 - Deposit of Security for Operation of Trust Business - Amount Required and Form; Charges Against Deposit. - Any corporation organized and operating as a trust company or...

Section 5-11A-6 - Deposit of Security for a Operation of Trust Business - State Treasurer to Decline Certain Bonds or Securities. - The State Treasurer shall decline to receive bonds or other...

Section 5-11A-7 - Deposit of Security for a Operation of Trust Business - Certificate of Deposit; Purpose. - The State Treasurer shall, from time to time, furnish the...

Section 5-11A-8 - Sale of Bonds or Securities for Satisfaction of Judgment Against Trust Company. - When any person, firm or corporation has established by final...

Section 5-11A-9 - Exemption of Trust Companies, etc., Acting as Administrators, etc., From Bond Requirement. - Any trust company or bank which is authorized by law...

Section 5-11A-10 - Withdrawal of Bonds or Securities From Deposit With Trustees. - All trust companies organized under the laws of this state...

Section 5-11A-11 - Interest on Bonds or Securities Deposited With Treasurer Payable to Trust Companies. - The interest falling due from time to time on bonds...

Section 5-11A-12 - Trust Company Authorized to Purchase Its Own Securities in Fiduciary Capacity. - A trust company or other financial institution with fiduciary powers...

Article 2 - Transfer of Fiduciary Accounts.

Section 5-11A-30 - Transfer Between Related Institutions. - Absent written objection from the Superintendent of the State Banking...

Section 5-11A-31 - Approval of Superintendent. - Approval of the superintendent shall be deemed granted in the...

Section 5-11A-32 - Notice of Transfer. - (a) Within 30 days after the date of the transfer...

Section 5-11A-33 - Objection to Transfer; Hearing on Objection; Appointment of Related Institution as Agent. - (a) Any person given notice pursuant to Section 5-11A-32 may...

Section 5-11A-34 - Filing of Affidavit in Office of Judge of Probate; Filing of Notice of Abandonment. - (a) Within a reasonable time after the date of a...

Section 5-11A-35 - Substitution of Transferee Bank, Trust Company or Trust Department as Fiduciary; Effect. - If a bank, trust company or trust department completes a...

Section 5-11A-36 - "Related" Defined. - A transferor bank, trust company or trust department is "related"...

Section 5-11A-37 - Appointment of Agent. - Regardless of objection to any fiduciary transfer as provided in...