Alabama Statutes
§ 5-11A-3 — Capital Stock Requirements for Trust Companies
Alabama·Title 5 Banks and Financial Institutions·Ch. 11A Regulation of Trust Business of Banks and Trust Companies·Art. 1 General Provisions
No trust company hereafter organized under the laws of Alabama shall have total initial capital accounts actually paid in of less than $1,000,000.00.
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Legislative History
(Acts 1980, No. 80-658, §5-11-3.)