Alabama Code (Last Updated: November 28, 2014) |
Title5 BANKS AND FINANCIAL INSTITUTIONS. |
Chapter5A. ORGANIZATION AND OPERATION OF BANKS. |
§5-5A-17. Amendment of certificate of incorporation; approval of amended certificate of incorporation.
Latest version.
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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.