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 5-8A-21 Liquidation of Bank by Superintendent Without Assent of Banking Board.

  1 provisions

  The superintendent may take charge of and liquidate a bank’s affairs if a majority of the directors request it in writing and the bank has violated banking laws or is insolvent.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-13B-11 Authority to Issue Regulations; Cooperative Agreements; Fees.

  1 provisions

  The superintendent may adopt regulations, make agreements, accept reports, enter contracts, conduct joint examinations or enforcement actions, recognize home-state regulator authority in some cases, and assess supervisory and examination fees on Alabama banks.

  Regulation Open & Chat

• United States — Alabama

  Section 7-4A-104 Funds Transfer - Definitions.

  1 provisions

  This section defines key terms used for funds transfers, including “funds transfer,” “intermediary bank,” “originator,” and “originator’s bank.”

  Act or statute Open & Chat

• United States — Alabama

  Section 5-13B-40 Purpose.

  1 provisions

  This section says Alabama regulates foreign banks’ participation in its financial markets and authorizes certain foreign-bank offices in the state under superintendent licensing and supervision.

  Act or statute Open & Chat

• United States — Alabama

  Section 7-9A-304 Law Governing Perfection and Priority of Security Interests in Deposit Accounts.

  1 provisions

  The provision says which jurisdiction’s law governs perfection and priority for a security interest in a deposit account, and it gives a hierarchy for determining the bank’s jurisdiction.

  Act or statute Open & Chat

• United States — Alabama

  Section 7-4-201 Status of Collecting Bank as Agent and Provisional Status of Credits, Applicability of Article; Item Indorsed “Pay Any Bank.”

  1 provisions

  A collecting bank is generally treated as the owner’s agent for an item, and any settlement is provisional until final. When an item is marked “pay any bank,” only a bank can acquire holder rights until the item is returned to the customer or specially indorsed to a nonbank.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-3A-14 Semiannual Report by Banks - Form; Publication; Penalty for Late Report.

  1 provisions

  Banks must submit the required report to the superintendent within 30 days after a request, publish it in a local newspaper, and provide proof of publication.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-13B-115 Seizure of Foreign Bank’s Property and Business; Liquidation.

  1 provisions

  The superintendent may seize and manage a foreign bank’s Alabama property and business when the statutory conditions are met; the bank can seek court review, and the court controls certain liquidation outcomes.

  Act or statute Open & Chat

• United States — Alabama

  Section 23-7-7 Administration and Operations of Bank.

  1 provisions

  The bank must credit and invest certain account earnings under federal law, and the department administers the bank’s operations with authority to make rules, procedures, and related agreements.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-2A-20 Assessment of Banks - When Payable; Amount; Disposition of Revenue.

  1 provisions

  Banks must pay an assessment fee when called by the superintendent, and the fee rate is set by the superintendent with Banking Board approval.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-2A-11 Superintendent - Losses; Bank to Correct Impairment of Capital.

  1 provisions

  Banks must record losses on their books, and if capital is impaired after notice from the superintendent, the bank must restore the impairment in a superintendent-approved manner.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-5A-20 Branch Banks; Commercial Affiliates.

  1 provisions

  Alabama banks may open branches or offices in Alabama, and in other states, territories, or foreign countries, but outside-Alabama expansion must comply with federal and local law and get the superintendent’s prior approval. No Alabama bank or out-of-state bank may run a branch or office in Alabama on a commercial affi

  Act or statute Open & Chat

• United States — Alabama

  Section 31-2A-123a (Article 123A.) Making, Drawing, or Uttering Check, Draft, or Order Without Sufficient Funds.

  1 provisions

  A person subject to this code who knowingly issues a check, draft, or order without sufficient funds or credit, with intent to defraud or deceive, may be punished by court-martial.

  Order Open & Chat

• United States — Alabama

  Section 40-22-3 Tax on Mortgages Not Applicable to Any Bank Unless Applicable to All.

  1 provisions

  The section defines “bank” and says the state may not levy or collect this mortgage-recording tax from a bank unless the tax applies to all banks and banking institutions doing business in Alabama.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-7A-21 Conversion of National Bank, Etc., into State Bank - Execution of Articles of Incorporation and Organization Certificate; Powers of Directors, Etc.

  1 provisions

  A majority of the bank’s directors may execute the incorporation and organization papers for a conversion, and they have power to complete any remaining steps needed to organize the bank as a state bank.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-13B-61 Operations in This State of Banks Owned or Controlled by Foreign Banks and Other Foreign Persons.

  1 provisions

  State laws may not generally block or discriminate against foreign banks or other foreign persons in these banking ownership and activity rules, but the superintendent may apply certain standards by regulation or order if they meet the stated consistency tests.

  Act or statute Open & Chat

• United States — Alabama

  Section 7-4-303 When Items Subject to Notice, Stop-Payment Order, Legal Process, or Setoff; Order in Which Items May Be Charged or Certified.

  1 provisions

  A payor bank may handle items in any order, but late notice, stop-payment orders, legal process, or setoff come too late to change the bank’s right or duty to pay or charge the customer’s account once the listed events have occurred.

  Order Open & Chat

• United States — Alabama

  Section 5-1A-2 Definitions.

  1 provisions

  This section defines several banking terms used in Chapters 1A through 12A of the title.

  Act or statute Open & Chat

• United States — Alabama

  Section 45-52-40 Branch Banking.

  1 provisions

  Banks in Morgan County may open and operate branches in Priceville or Flint, but only after getting written consent first.

  Act or statute Open & Chat

• United States — Alabama

  Section 5-1A-8 Effect of Repeal of Prior Acts.

  1 provisions

  Repeal of earlier acts does not affect an existing bank’s organization, continued existence, or certain pre-repeal rights and liabilities.

  Act or statute Open & Chat