Alabama Statutes
§ 45-47-40 — Branch Banking
Alabama § 45-47-40
This text of Alabama § 45-47-40 (Branch Banking) 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 § 45-47-40 (2026).
Text
Any bank situated within any incorporated municipality in Marion County, with the approval of the State Superintendent of Banks, may establish, maintain, and operate branch banks, or additional offices or places of business for the receipt of deposits, payment of checks, making of loans, and conducting a general banking business within such incorporated municipality. Provided, however, that any bank in Marion County shall be permitted to branch into any municipality in the county that does not presently have banking facilities.
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Legislative History
(Act 1973, No. 312, p. 443, § 1; Act 82-304, p. 410, § 1.)
Nearby Sections
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Reserved§ 45-1-130
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Licensing and Regulation; ViolationsCite This Page — Counsel Stack
Bluebook (online)
Alabama § 45-47-40, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/45-47-40.