Home/Alabama/Statutes/Title 5: Banks and Financial Institutions/Ch. 5A: Organization and Operation of Banks/§ 5-5A-15
Alabama Statutes

§ 5-5A-15 — Capital - Increase or Decrease

Alabama·Title 5 Banks and Financial Institutions·Ch. 5A Organization and Operation of Banks
Any bank shall with the consent of the superintendent have power and authority to increase or decrease its authorized capital in the manner provided for a corporation under the business corporation laws of this state.

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Alabama § 5-5A-15 (Capital - Increase or Decrease) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(Acts 1980, No. 80-658, §5-5-15.)

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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