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 5-2A-12 Superintendent - Order to Correct Unsafe and Unsound Matters; Penalties; Procedure.

  1 provisions

  The superintendent may order a bank-related entity or individuals to correct unsafe and unsound matters, and the Banking Board can direct penalties or removal after notice and hearing.

  Order Open & Chat

• United States — Alabama

  Section 45-54-40 Branch Banking.

  1 provisions

  An established bank authorized to do general banking in Pickens County may open and operate branch banking locations in the county if it has written consent from the State Banking Department.

  Act or statute Open & Chat

• United States — Alabama

  Section 7-4A-203 Unenforceability of Certain Verified Payment Orders.

  1 provisions

  A receiving bank may limit its ability to enforce or keep payment of a payment order by express written agreement, and it loses that ability if the customer proves the order was not caused by certain persons or access-related information.

  Order Open & Chat

• United States — Alabama

  Section 5-3A-3 Disclosure of Information Obtained by Superintendent, Bank Examiners, Etc.

  1 provisions

  This section restricts disclosure of bank examination and depositor/debtor information, while allowing certain disclosures by the superintendent and other specified authorities.

  Act or statute Open & Chat

• United States — Alabama

  Section 7-4A-403 Payment by Sender to Receiving Bank.

  1 provisions

  This section says when the sender’s payment obligation to the receiving bank is treated as paid.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-3A-9 Loans, Gifts, Favors, Etc., to Banking Department Employees from Banks, Employees, Etc., Prohibited.

  1 provisions

  Banks and State Banking Department employees are restricted from giving, receiving, or benefiting from things of value, and certain banking officials are barred from borrowing from or being financially interested in state banks.

  Act or statute Open & Chat

• United States — Alabama

  Section 45-22-40 Branch Banks Authorized.

  1 provisions

  Certain banks in Cullman County may open and operate branch banking locations, subject to approval from the listed state banking authorities.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-8A-23 Acquisition of Possession of Property and Business of Bank by Superintendent; Notice to Holders of Bank Assets.

  1 provisions

  The superintendent may take possession of a bank’s property and business only if written request or direction is made by the bank’s directors or the Banking Board, and must then notify specified banks and asset holders.

  Notice Open & Chat

• United States — Alabama

  Section 5-8A-20 Proceedings of Superintendent Before Banking Board as to Defaults or Misconduct of Bank.

  1 provisions

  The superintendent may bring bank defaults or misconduct to the Banking Board, and if the board directs, must take possession of the bank’s property and business.

  Act or statute Open & Chat

• United States — Alabama

  Section 45-47-40 Branch Banking.

  1 provisions

  Banks in incorporated municipalities in Marion County may open and operate branch banks or additional offices, if the State Superintendent of Banks approves. Banks in Marion County may also branch into county municipalities that currently have no banking facilities.

  Act or statute Open & Chat

• United States — Alabama

  Section 7-4A-302 Obligations of Receiving Bank in Execution of Payment Order.

  1 provisions

  A receiving bank that accepts a payment order must execute it according to the sender’s instructions, subject to listed exceptions and default options.

  Order Open & Chat

• United States — Alabama

  Section 5-13B-3 Scope of Article and Statement of Legislative Intent.

  1 provisions

  This article says a company may acquire an Alabama bank or Alabama bank holding company, and an Alabama bank holding company may acquire an out-of-state bank or bank holding company, subject to the article’s conditions.

  Act or statute Open & Chat

• United States — Alabama

  Section 7-4A-502 Creditor Process Served on Receiving Bank; Setoff by Beneficiary’s Bank.

  1 provisions

  This section defines “creditor process” and sets rules for how banks handle payment orders when creditor process is served.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-20-4 Establishment or Acquisition of a Credit Card Bank.

  1 provisions

  Certain lenders may establish or acquire a single credit card bank in Alabama only with the superintendent’s prior approval and while the listed conditions are met.

  Act or statute Open & Chat

• United States — Alabama

  Section 45-48-40 Branch Banking Authorized.

  1 provisions

  Certain banks in Marshall County may open and run branch banks, but they need written consent from the State Superintendent of Banks first and generally cannot open a branch in a small incorporated municipality where a bank already exists.

  Act or statute Open & Chat

• United States — Alabama

  Section 7-4-215 Final Payment of Item by Payor Bank; When Provisional Debits and Credits Become Final; When Certain Credits Become Available for Withdrawal.

  1 provisions

  This section says when a bank’s payment or settlement of an item becomes final, and when credited funds or deposits become available for withdrawal.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-7A-22 Conversion of National Bank, Etc., into State Bank - Powers and Duties of Bank, Stockholders, Officers, Etc., Upon Issuance of Certificate.

  1 provisions

  After the superintendent certifies compliance, the converted bank and its people get the same powers and are bound by the same duties and regulations as Alabama banking corporations.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-13B-8 Reports; Examinations.

  1 provisions

  Bank holding companies must provide reports to the superintendent, and the superintendent may examine a bank holding company if there is reason to believe it is not complying with state law or safe banking practices.

  Act or statute Open & Chat

• United States — Alabama

  Section 19-4-41 Deposit of Treasury Securities in Federal Reserve Banks Authorized; Transfer of Ownership, Etc., of Securities; Maintenance of Records as to Fiduciary Accounts; Rules and Regulations Governing Banks; Certification of Securities Deposited for Fiduciary Accounts.

  1 provisions

  Banks handling treasury securities as fiduciaries may deposit them with the Federal Reserve Bank, but must keep records and certify holdings on demand.

  Regulation Open & Chat

• United States — Alabama

  Section 5-13B-23 Interstate Merger Transactions and Branching; Operation of Branches.

  1 provisions

  Out-of-state banks may enter interstate merger and branch transactions in Alabama only if the article’s conditions are met, including deposit-limit and five-year-operation rules, notice, and fee requirements.

  Act or statute Open & Chat