Section 5-8A-23 Acquisition of Possession of Property and Business of Bank by Superintendent; Notice to Holders of Bank Assets. — United States — Alabama law | Esheria

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

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.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
United States — Alabama
Instrument
Notice
Version
Undated source snapshot
Language
en
Official source
View official record ↗
bank receivership notice to asset holders

Publicly available, excluded from search-engine indexing

This page remains available for direct access and API use, but this release emits noindex,follow for the following reason:

  • The record does not meet this release's canonical indexing criteria. (market-indexing-disabled)

Statute overview

About this statute

This page preserves the statute’s identified version, provision structure, official source link, and stored legal text for reading and research.