Alabama Code (Last Updated: November 28, 2014) |
Title5 BANKS AND FINANCIAL INSTITUTIONS. |
Chapter7A. BANK MERGER, CONSOLIDATION, OR CONVERSION. |
Article4. Conversion of Savings Institutions Into State Banks. |
§5-7A-64. Maintenance and operation of offices.
Latest version.
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Following the conversion of a savings institution to a state chartered bank pursuant to this article, the resulting bank may continue to maintain and operate as banking offices all offices maintained and operated by the savings institution at the time of such conversion.