Alabama Statutes
§ 41-14-53 — Applications for Loans; Linked Deposit Package
Alabama § 41-14-53
JurisdictionAlabama
Title 41State Government
Ch. 14State Funds Generally
Art. 3Linked Deposit Program of 2007
This text of Alabama § 41-14-53 (Applications for Loans; Linked Deposit Package) 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 § 41-14-53 (2026).
Text
(a)An eligible lending institution shall accept and review applications for linked deposit loans from eligible borrowers. The lending institution shall apply all usual lending standards to determine the credit worthiness of eligible borrowers.
(b)The eligible lending institution shall forward to the Treasurer a linked deposit package, in the form and manner prescribed by the Treasurer.
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Legislative History
(Act 2007-397, p. 790, §1.)
Nearby Sections
15
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Bluebook (online)
Alabama § 41-14-53, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/41-14-53.