§ 5-5A-17 — Amendment of Certificate of Incorporation; Approval of Amended Certificate of Incorporation

A bank may amend its certificate of incorporation in the manner provided by the laws governing business corporations. No proposed amendment of a certificate of incorporation of a bank is valid unless approved in writing by the superintendent and may not be recorded unless such written approval accompanies the proposed amendment.

Legislative History

(Acts 1980, No. 80-658, §5-5-17.)