Home/Alabama/Statutes/Title 5: Banks and Financial Institutions/Ch. 13B: Interstate and International Bank Acquisitions, Mergers and Branching/Art. 3: Regulation of Foreign Banks/Div. 3: Direct Branch, Agency, and Representative Offices of Foreign Banks/§ 5-13B-109
Alabama Statutes

§ 5-13B-109 — Limitations on Payment of Interest on Deposits

Alabama § 5-13B-109
JurisdictionAlabama
Title 5Banks and Financial Institutions
Ch. 13BInterstate and International Bank Acquisitions, Mergers and Branching
Art. 3Regulation of Foreign Banks
Div. 3Direct Branch, Agency, and Representative Offices of Foreign Banks

This text of Alabama § 5-13B-109 (Limitations on Payment of Interest on Deposits) 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 § 5-13B-109 (2026).

Text

A foreign bank which is licensed to establish and maintain an Alabama state branch or Alabama state agency shall be subject to the same limitations with respect to the payment of interest on deposits as a state bank which is a member of the Federal Reserve System.

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Legislative History

(Acts 1995, No. 95-115, p. 134, §57.)

Nearby Sections

15
§ 5-10A-1
Authorization or Direction of Banks to Postpone Paying Liabilities, Segregate Deposits and Assets, Renew Loans, Etc
§ 5-10A-10
Segregation of Assets - Commingling of Items in Classes of Deposits
§ 5-10A-11
Segregation of Assets - Adjustments; Identification of Segregated Items
§ 5-10A-12
Discharge of Deposits of Script, Clearinghouse Certificates or Emergency Currency
§ 5-10A-13
Issuance and Reissuance of Script, Clearinghouse Certificates or Emergency Currency
§ 5-10A-14
Issuance of Notes or Certificates of Indebtedness as Evidence of Compensation for Services or Labor During Banking Emergency
§ 5-10A-15
Authorization and Approval of Reorganization of Bank Without Receivership Liquidation
§ 5-10A-16
Compliance with Chapter, Federal Laws, Etc., Not to Entail Liability
§ 5-10A-17
Officers Not to Incur Liability or Penalties for Compliance with Orders of Superintendent, Federal Laws, Etc
§ 5-10A-2
Promulgation of Rules and Regulations; Requirements of Reports, Etc., Generally
§ 5-10A-3
Declaration of Banking Holidays; Promulgation of Emergency Rules or Regulations
§ 5-10A-4
Extension, Etc., of Banking Holiday or Emergency Rules or Regulations
§ 5-10A-5
Sections 5-10A-1 through 5-10A-4 Applicable Only in Emergencies; Duration of Emergency Action
§ 5-10A-6
Operation of Banks Under Federal Laws
§ 5-10A-7
Payment of Expenses of Bank Operating Without Receivership Liquidation
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Bluebook (online)
Alabama § 5-13B-109, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/5-13B-109.