Esheria Regulatory Atlas

Banking and finance in United States — Alabama

Financial services, banking, payments, credit, securities, and regulated finance. These records come from release legal-2026.07.26-907 and link directly to stored legal text.

1,342 matching statutes

• United States — Alabama

  Section 5-5A-39 Disposition of Small Deposits of Deceased Person - Time for Payment; When Payment Prohibited.

  1 provisions

  The bank must not make the payment for 60 days after the deceased person’s death, and it must not pay if a personal representative has been appointed or a related estate proceeding is pending.

  Act or statute Open & Chat

• United States — Alabama

  Section 19-1-10 Deposit in Names of Two or More Fiduciaries.

  1 provisions

  For a trust account held by two or more fiduciaries, the bank, payee, and other holder do not have to check whether check authority breaches the trust, unless bad faith is involved.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-13B-27 Enforcement.

  1 provisions

  If the superintendent finds an out-of-state state bank branch is violating state law or operating unsafely, the superintendent may take enforcement actions and must notify the home state regulator promptly.

  Act or statute Open & Chat

• United States — Alabama

  Section 23-7-23 Form and Execution of Bonds.

  1 provisions

  The bank may prescribe the form and execution method for its bonds.

  Act or statute Open & Chat

• United States — Alabama

  Section 11-88-106 Maintenance of Sinking Fund Accounts by Official Charged with Duty of Collecting Assessments; Institution of Mandamus Proceedings Against Officer Failing to Maintain Separate Sinking Fund Accounts, Pay Bonds or Interest Thereon, Etc.

  1 provisions

  The official collecting assessments must keep sinking funds in board-designated interest-bearing banks and maintain a separate sinking fund account for each bond issued.

  Act or statute Open & Chat

• United States — Alabama

  Section 7-4A-301 Execution and Execution Date.

  1 provisions

  This provision defines when a payment order is “executed” and how to determine the execution date.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-10A-17 Officers Not to Incur Liability or Penalties for Compliance with Orders of Superintendent, Federal Laws, Etc.

  1 provisions

  Public officers and sureties on official bonds are exempt from penalty, liability, damages, increased liability, or default when a failure to act is caused by a bank’s compliance with specified banking orders, federal laws, or federal rules.

  Order Open & Chat

• United States — Alabama

  Section 5-10A-16 Compliance with Chapter, Federal Laws, Etc., Not to Entail Liability.

  1 provisions

  Banks and related guarantors are protected from penalties or liability when complying with the covered government actions, laws, or regulations, and that compliance does not release other obligated parties from liability or default.

  Act or statute Open & Chat

• United States — Alabama

  Section 41-10-48.03 Definitions.

  1 provisions

  This section defines terms used in the article, including the authority, eligible project, loan, permitted investments, rural area, and related energy-finance terms.

  Act or statute Open & Chat

• United States — Alabama

  Section 11-88-132 Acquisition, Etc., of Water System of Water and Fire Protection Authority by City Board of Water and Sewer Commissioners - Conveyance of Funds in Trust for Authority’s Fire Protection System; Governing Board of Authority as Trustees; Trustees’ Powers and Liabilities.

  1 provisions

  If a city’s water and sewer commissioners acquire or control a water and fire protection authority’s water system, they must transfer $2,000,000 into an irrevocable trust for the authority’s fire protection system.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-5A-28 Pledge of Assets.

  1 provisions

  Banks generally may not pledge assets as security for deposits, but they may do so for certain trust-fund and public-fund deposits.

  Act or statute Open & Chat

• United States — Alabama

  Section 25-1-70 Definitions.

  1 provisions

  This article defines several terms used in the Portable Benefits Act.

  Act or statute Open & Chat

• United States — Alabama

  Section 41-10-751 Definitions.

  1 provisions

  This section defines terms used in the article, including funds, bonds, permitted investments, the state, and transportation projects.

  Act or statute Open & Chat

• United States — Alabama

  Section 11-49-21 Applications for and Granting of Licenses for Establishment of Ferries - Procedure Generally.

  1 provisions

  For a ferry license, the owner of both riverbanks has the prior right to establish the ferry. If the banks are owned by different people, municipal authorities may choose which applicant gets the license. A non-owner applicant must submit a written statement from the owner, and it must be filed of record.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-19A-2 Definitions.

  1 provisions

  This section defines terms used in the pawnbroker chapter, including pawn transaction, pawnbroker, pledged goods, and several official roles.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-5A-41 Payment of Deposits Made in Names of Two Persons Upon Death of One; More Than Two Persons with Provision for Survivorship.

  1 provisions

  Banks may pay joint deposits to surviving account holders, and the depositor may still withdraw or choose a different written disposition.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-5A-12 Membership in Federal Deposit Insurance Corporation, Etc.

  1 provisions

  Banks operating under this state’s laws must be members of the FDIC or a similar deposit-insuring agency.

  Act or statute Open & Chat

• United States — Alabama

  Section 40-16-1 Definitions.

  1 provisions

  This section defines terms used in the chapter, including financial institution, internal revenue code, net income, tax year, state tax year, and trust.

  Act or statute Open & Chat

• United States — Alabama

  Section 41-10-370 Payment of Principal and Interest on Bonds and Maintenance of Records Pertaining Thereto by State Treasurer.

  1 provisions

  The State Treasurer must pay bond principal and interest when due, keep records about those payments, and, if a bank is designated as paying agent, provide that bank enough funds one business day before payment is due.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-4A-1 Certain Records to Be Retained; Disposition of Records After Retention for Prescribed Period; Reproduction of Records and Books.

  1 provisions

  Banks must keep their business records for the period required by regulation, may dispose of records after the superintendent-prescribed retention period, and may reproduce books and records by recognized copy processes.

  Act or statute Open & Chat