Alabama § 5-10A-4 Extension, Etc., of Banking Holiday or Emergency Rules or Regulations

Alabama Statutes

§ 5-10A-4 — Extension, Etc., of Banking Holiday or Emergency Rules or Regulations

Alabama·Title 5 Banks and Financial Institutions·Ch. 10A Banking Emergencies and Compliance with Federal Laws

Any such bank holiday or any such rule or regulation may be extended, modified, suspended or terminated by the superintendent with the concurrence of not less than two other members of the Banking Board or by any three members of the Banking Board without action by said superintendent by signing and filing their written direction to that effect with the superintendent who shall thereupon forthwith proclaim and give effect to the same.

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Any such bank holiday or any such rule or regulation may be extended, modified, suspended or terminated by the superintendent with the concurrence of not less than two other members of the Banking Board or by any three members of the Banking Board without action by said superintendent by signing and filing their written direction to that effect with the superintendent who shall thereupon forthwith proclaim and give effect to the same.

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