Esheria Regulatory Atlas

Banking and finance in United States — Alabama

Financial services, banking, payments, credit, securities, and regulated finance. Every result links to its stored legal text and available official source evidence.

1,342 matching statutes

• United States — Alabama

  Section 7-4-111 Statute of Limitations; Accrual of Action.

  1 provisions

  Claims to enforce an obligation, duty, or right under this article must be started within three years after the cause of action accrues.

  Act or statute Open & Chat

• United States — Alabama

  Section 26-1-5 Age of Majority for Purposes of Contracting with Banks, Credit Unions, Etc., for Certain Loans or Accounts; Requirements for Members of Armed Forces.

  1 provisions

  For certain educational loans in Alabama, the age of majority is 17. Armed Forces members may contract with banks, credit unions, and similar institutions as adults for these purposes, and they cannot later cancel those contracts just because of age.

  Act or statute Open & Chat

• United States — Alabama

  Section 41-14A-3 Public Deposits to Be Secured; Exemptions.

  1 provisions

  The provision requires covered public deposits to be secured, generally requires public depositors to use qualified public depositories, and sets conditions for an alternative deposit arrangement.

  Act or statute Open & Chat

• United States — Alabama

  Section 41-10-801 Definitions.

  1 provisions

  This section defines several terms used in the article, including “Aspiring Alabamian,” “Board,” “Corporation,” “Economic Development and Innovation Entity,” “Eligible Investments,” “Fund,” “Small Business Innovation Research,” “Small Business Technology Transfer Research,” and “STEM.”

  Act or statute Open & Chat

• United States — Alabama

  Section 41-10-260 Definitions.

  1 provisions

  This section defines terms used in the article, including authority, board of directors, bonds, government securities, judicial facilities, permitted investments, state, unified judicial system, and pronouns.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-5A-43 Disclosure of Customer Financial Records.

  1 provisions

  Banks must disclose customers’ financial records when served with a lawful subpoena, summons, warrant, or court order tied to a state agency or related public official.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-8A-46 Final Distribution, Termination of Receivership and Dissolution of Bank.

  1 provisions

  After creditors and depositors are paid, the receiver must seek final settlement, file dissolution papers, distribute remaining assets to stockholders, and send unclaimed funds to the State Treasurer.

  Act or statute Open & Chat

• United States — Alabama

  Section 22-30F-3 Definitions.

  1 provisions

  This section defines key terms used in the chapter, including the authority, department, eligible property, government securities, permitted investments, project, public body, and revolving loan fund.

  Act or statute Open & Chat

• United States — Alabama

  Section 11-81-114 Maintenance and Disposition of Sinking Fund Account for Bond Issues; Enforcement of Maintenance of Accounts, Payment of Bonds, Etc.; Disposition of Assessments Securing Bonds in Certain Cities.

  1 provisions

  The official who collects assessments must keep sinking funds in designated interest-bearing bank accounts and maintain a separate sinking fund account for each bond issue.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-9A-4 Hearing Upon Plan; Entry of Judgment.

  1 provisions

  The court must hear evidence at the petition hearing and, if it finds reorganization is in the best interest of all interested parties, it must enter judgment confirming the plan and reorganizing the bank.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-6A-25 Fraudulent Representation as to Capital, False Reports, Etc., as to Condition of Bank, Etc.

  1 provisions

  Bank directors, officers, and employees must not knowingly make or support false capital or financial-condition reports, or refuse required reports; violating this is a felony.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-10A-5 Sections 5-10A-1 through 5-10A-4 Applicable Only in Emergencies; Duration of Emergency Action.

  1 provisions

  Emergency actions under Sections 5-10A-1 through 5-10A-4 must be reported to the Banking Board and normally end after 120 days unless approved by a majority of the Banking Board.

  Act or statute Open & Chat