§ 5-7A-65 — Expansion or Branching Limited

Alabama § 5-7A-65

• Jurisdiction: Alabama
• Title 5: Banks and Financial Institutions
• Ch. 7A: Bank Merger, Consolidation, or Conversion
• Art. 4: Conversion of Savings Institutions into State Banks

Text

Except as provided in Section 5-7A-64, nothing in this article is to be construed, interpreted or applied to allow any existing state chartered bank, any resulting bank or any state chartered bank resulting from a plan of conversion under this article to expand or branch into any place in any manner or by any method not available to state chartered banks prior to enactment of this article.

Legislative History

(Acts 1990, No. 90-289, p. 387, §6.)