Code of Alabama
Title 5 - Banks and Financial Institutions.
Chapter 13B - Interstate and International Bank Acquisitions, Mergers and Branching.

Section 5-13B-22 - Establishment of Interstate Branches by Acquisition or Merger; Branching. - With the prior approval of the superintendent, an Alabama state...

Section 5-13B-23 - Interstate Merger Transactions and Branching; Operation of Branches. - (a) One or more Alabama state banks may enter into...

Section 5-13B-24 - Notice and Filing Requirements. - Any out-of-state bank that will be the resulting bank pursuant...

Section 5-13B-25 - Powers. - (a) An out-of-state state bank which establishes and maintains one...

Section 5-13B-26 - Examinations; Periodic Reports; Cooperative Agreements; Assessment of Fees. - (a) To the extent consistent with subsection (c), the superintendent...

Section 5-13B-27 - Enforcement. - If the superintendent determines that a branch maintained by an...

Section 5-13B-28 - Regulations. - The superintendent may promulgate such regulations as he or she...

Section 5-13B-29 - Notice of Subsequent Merger, Etc. - Each out-of-state state bank that has established and maintains a...

Article 3 - Regulation of Foreign Banks.

Division 1 - General.

Section 5-13B-40 - Purpose. - (a) This article is intended generally to provide for state...

Section 5-13B-41 - Definitions. - For purposes of this article: (a) The term "bank" means...

Section 5-13B-42 - General Regulation Authority. - The superintendent, with the concurrence of a majority of the...

Division 2 - Domestic Banks Owned or Controlled by Foreign Banks and Other Foreign Persons.

Section 5-13B-60 - Purpose. - This division is generally intended to ensure that the laws...

Section 5-13B-61 - Operations in This State of Banks Owned or Controlled by Foreign Banks and Other Foreign Persons. - (a) Except as provided in subsection (b): (1) The laws...

Section 5-13B-62 - Citizenship and Residency Requirements for Directors of State Banks. - Notwithstanding any other provision of the laws and regulations of...

Division 3 - Direct Branch, Agency, and Representative Offices of Foreign Banks.

Section 5-13B-80 - Purpose. - Consistent with the federal International Banking Act, the Bank Holding...

Section 5-13B-81 - Branches and Agencies of Foreign Banks - Necessity of Licensure. - (a) No foreign bank shall transact business in this state...

Section 5-13B-82 - Application to Establish and Maintain a Branch or Agency - Contents. - (a) A foreign bank, in order to procure a license...

Section 5-13B-83 - Application to Establish and Maintain a Branch or Agency - Manner of Filing and Determination. - (a) A foreign bank making an application under this article...

Section 5-13B-84 - Application Fee. - Upon applying to the superintendent under this article for a...

Section 5-13B-85 - No Concurrent Maintenance of Federal Branches or Agencies. - (a) No foreign bank which is licensed under this article...

Section 5-13B-86 - Powers of Branch and Agency. - (a) Except as otherwise specifically provided in this division or...

Section 5-13B-87 - Fiduciary Activities. - (a) No foreign bank which is licensed to establish and...

Section 5-13B-88 - Authority to Act as Agent. - (a) An Alabama state branch or Alabama state agency of...

Section 5-13B-89 - Representative Office of Foreign Banks - Necessity of Licensure. - (a) No foreign bank shall establish or maintain an Alabama...

Section 5-13B-90 - Representative Office - Application. - (a) The application for a license to establish and maintain...

Section 5-13B-91 - Representative Office - Factors for Approval of Application. - (a) A foreign bank making an application for a license...

Section 5-13B-92 - Representative Office - Permissible Activities. - (a) A foreign bank which is licensed to establish and...

Section 5-13B-93 - Representative Office - Revocation of License. - The superintendent, after notice and opportunity for a hearing, may...

Section 5-13B-94 - Posting of License. - Each foreign bank which is licensed to establish and maintain...

Section 5-13B-95 - Licenses Not Transferable. - No license issued by the superintendent in accordance with this...

Section 5-13B-96 - Appointment of Superintendent as Agent for Service of Process. - (a) A foreign bank which is licensed to establish and...

Section 5-13B-97 - Service of Process. - (a) Service of any lawful process in any judicial or...

Section 5-13B-98 - Filing of Amendments to Articles of Incorporation. - A foreign bank which is licensed to maintain an Alabama...

Section 5-13B-99 - Amended License to Establish and Maintain a Branch or Agency. - (a) A foreign bank which is licensed to establish and...

Section 5-13B-100 - Change of Control of Foreign Bank. - A foreign bank which is licensed to establish and maintain...

Section 5-13B-101 - Relocation of Office; Written Notice Necessary. - (a) No foreign bank which is licensed to establish and...

Section 5-13B-102 - Examination; Payment of Fees. - (a) An Alabama state branch, Alabama state agency, or Alabama...

Section 5-13B-103 - Supervision and Enforcement. - (a) The superintendent shall have all of the powers granted...

Section 5-13B-104 - Reports. - (a) Each foreign bank which is licensed to establish and...

Section 5-13B-105 - Confidentiality of Examination Reports. - (a) All reports of examinations and investigations, correspondence, and memoranda...

Section 5-13B-106 - Books, Accounts, and Records. - Each foreign bank which is licensed to establish and maintain...

Section 5-13B-107 - Separate Assets. - (a) Each foreign bank which is licensed to establish and...

Section 5-13B-108 - Disclosure of Lack of Deposit Insurance. - Each foreign bank which is licensed to establish and maintain...

Section 5-13B-109 - Limitations on Payment of Interest on Deposits. - A foreign bank which is licensed to establish and maintain...

Section 5-13B-110 - Pledge of Assets. - (a) Each foreign bank which is licensed to establish and...

Section 5-13B-111 - Asset Maintenance. - (a) Each foreign bank which is licensed to establish and...

Section 5-13B-112 - Voluntary Closure of Branch, Agency, or Representative Office - Application. - (a) No foreign bank which is licensed to establish and...

Section 5-13B-113 - Suspension or Revocation of License; Factors. - If, after notice and a hearing, the superintendent finds any...

Section 5-13B-114 - Immediate Suspension or Revocation. - If the superintendent finds that any of the factors set...

Section 5-13B-115 - Seizure of Foreign Bank's Property and Business; Liquidation. - (a) If the superintendent finds that any of the factors...

Division 4 - Alabama Branches of Out-of-State Foreign Banks.

Section 5-13B-130 - Purpose. - This division is intended generally to ensure that interstate state...

Section 5-13B-131 - Establishment of Interstate Branches in This State by Out-of-State Foreign Banks. - (a) Except as provided in subsection (b), an out-of-state foreign...

<< Previous

Next >>

Code of Alabama Title 5 - Banks and Financial Institutions. Chapter 13B - Interstate and International Bank Acquisitions, Mergers and Branching.

Code of Alabama
Title 5 - Banks and Financial Institutions.
Chapter 13B - Interstate and International Bank Acquisitions, Mergers and Branching.