Alabama § 5-10A-2 Promulgation of Rules and Regulations; Requirements of Reports, Etc., Generally

Alabama Statutes

§ 5-10A-2 — Promulgation of Rules and Regulations; Requirements of Reports, Etc., Generally

Alabama § 5-10A-2

Title 5Banks and Financial Institutions

Ch. 10ABanking Emergencies and Compliance with Federal Laws

This text of Alabama § 5-10A-2 (Promulgation of Rules and Regulations; Requirements of Reports, Etc., Generally) 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 § 5-10A-2 (2026).

Text

The superintendent with the concurrence of not less than two members of the Banking Board, or any three members of the Banking Board without action by said superintendent may authorize and empower any bank to act under the provisions of this chapter, and they are empowered to make and adopt such rules and regulations from time to time and to extend, modify, suspend or terminate any part thereof from time to time as they may deem proper for the protection of interested parties and to require such periodical and other reports in detail with respect to operation under such rules and regulations as they may see fit.

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The superintendent with the concurrence of not less than two members of the Banking Board, or any three members of the Banking Board without action by said superintendent may authorize and empower any bank to act under the provisions of this chapter, and they are empowered to make and adopt such rules and regulations from time to time and to extend, modify, suspend or terminate any part thereof from time to time as they may deem proper for the protection of interested parties and to require such periodical and other reports in detail with respect to operation under such rules and regulations as they may see fit.