Alabama Statutes

§ 11-51-131 — Savings and Loan Associations

Alabama § 11-51-131
JurisdictionAlabama
Title 11Counties and Municipal Corporations
Ch. 51Taxation
Art. 2License Taxes
Div. 2Schedules

This text of Alabama § 11-51-131 (Savings and Loan Associations) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ala. Code § 11-51-131 (2026).

Text

Municipalities may levy a license on savings and loan associations in proportion to the amount paid in on nonwithdrawable shares, reserves, and undivided profits of the association upon the same schedule as is provided for banks and none other.

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Legislative History

(Acts 1931, No. 159, p. 218; Code 1940, T. 37, §748.)

Nearby Sections

15
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Bluebook (online)
Alabama § 11-51-131, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/11-51-131.