Alabama § 5-6A-25 Fraudulent Representation as to Capital, False Reports, Etc., as to Condition of Bank, Etc

Alabama Statutes

§ 5-6A-25 — Fraudulent Representation as to Capital, False Reports, Etc., as to Condition of Bank, Etc

Alabama § 5-6A-25

Title 5Banks and Financial Institutions

Ch. 6ADirectors, Officers, and Employees

Art. 2Prohibited Acts

This text of Alabama § 5-6A-25 (Fraudulent Representation as to Capital, False Reports, Etc., as to Condition of Bank, Etc) 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 § 5-6A-25 (2026).

Text

Any director, officer, or employee of a bank who knowingly, by newspaper advertisement or otherwise, represents its capital to be in excess of the actual capital accounts or knowingly concurs in making or publishing any materially false written report, exhibit, or statement of its financial condition, making any material statement which is false, or refuses or intentionally neglects to make any report or statement required by Chapters 1A through 13B and Chapter 20 of this title is guilty of a felony.

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Any director, officer, or employee of a bank who knowingly, by newspaper advertisement or otherwise, represents its capital to be in excess of the actual capital accounts or knowingly concurs in making or publishing any materially false written report, exhibit, or statement of its financial condition, making any material statement which is false, or refuses or intentionally neglects to make any report or statement required by Chapters 1A through 13B and Chapter 20 of this title is guilty of a felony.