Alabama Code (Last Updated: November 28, 2014) |
Title5 BANKS AND FINANCIAL INSTITUTIONS. |
Chapter8A. LIQUIDATION OF BANKS. |
Article2. Insolvent Banks. |
§5-8A-29. Resumption of business of bank.
Latest version.
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After the superintendent has taken possession of a bank, the superintendent may permit such bank to resume business upon such conditions as may be approved by him, including an observance of all the requirements of law and making good of all deficits in the previous observance of law.