Section 5-8A-22 Institution of Civil Action for Vacation of Charter, Liquidation, Etc., of Bank.
A circuit court may, on the superintendent’s application and without a jury, vacate a bank’s charter, liquidate the bank, or appoint a receiver if bank directors knowingly violate or allow violations of the title’s provisions.
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- United States — Alabama
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- en
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Section 5-8A-22 Institution of Civil Action for Vacation of Charter, Liquidation, Etc., of Bank.
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