Alabama Code (Last Updated: November 28, 2014) |
Title5 BANKS AND FINANCIAL INSTITUTIONS. |
Chapter13B. INTERSTATE AND INTERNATIONAL BANK ACQUISITIONS, MERGERS AND BRANCHING. |
Article3. Regulation of Foreign Banks. |
Division3. Direct Branch, Agency, and Representative Offices of Foreign Banks. |
§5-13B-108. Disclosure of lack of deposit insurance.
Latest version.
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Each foreign bank which is licensed to establish and maintain an Alabama state branch or Alabama state agency shall, in a manner established by the superintendent by regulation or order, give notice that deposits and credit balances in such office are not insured by the Federal Deposit Insurance Corporation.