Alabama Code (Last Updated: November 28, 2014) |
Title5 BANKS AND FINANCIAL INSTITUTIONS. |
Chapter16. SAVINGS AND LOAN ASSOCIATIONS. |
§ 5-16-1. Short title. |
§ 5-16-2. Definitions. |
§ 5-16-3. Associations, etc., accepting money for promotion of thrift and financing of homes subject to provisions of chapter, etc. |
§ 5-16-4. Procedure for incorporation - Petition for certificate of incorporation; subscription by incorporators, etc. |
§ 5-16-5. Procedure for incorporation - Approval of petition for certificate of incorporation; certificate of approval. |
§ 5-16-6. Procedure for incorporation - Issuance of certificate of incorporation. |
§ 5-16-7. Bylaws. |
§ 5-16-8. Organizational meeting. |
§ 5-16-9. Corporate name and offices - Generally. |
§ 5-16-10. Corporate name and offices - Change of location of home office; certificate of approval, etc. |
§ 5-16-11. Corporate name and offices - Establishment of branch offices. |
§ 5-16-12. Period for commencement of business; forfeiture of corporate existence for nonuse. |
§ 5-16-14. Directors, officers and employees. |
§ 5-16-15. Books, records and accounts. |
§ 5-16-16. Capital and accounts. |
§ 5-16-17. Reserve accounts; interest due and accrued account. |
§ 5-16-18. Undivided profits account. |
§ 5-16-19. Dividends. |
§ 5-16-20. Repurchase of accounts. |
§ 5-16-21. Redemption of accounts. |
§ 5-16-22. Issuance of duplicate membership certificates. |
§ 5-16-23. Issuance, etc., of certificates of indebtedness; receipt of public deposits; payment of guaranteed rate of interest. |
§ 5-16-24. Powers generally. |
§ 5-16-25. Real estate loans. |
§ 5-16-26. Liens on accounts; pledges of accounts as security for loans. |
§ 5-16-27. Adoption, etc., of bonus plans and payment of cash bonuses on accounts; bonus reserve account. |
§ 5-16-28. Sales, transfers, or exchanges of assets. |
§ 5-16-29. Mergers. |
§ 5-16-30. Conversions. |
§ 5-16-31. Reorganizations. |
§ 5-16-32. Voluntary liquidation - Procedure generally. |
§ 5-16-33. Voluntary liquidation - Remittance of unclaimed dividends and share accounts by receiver, etc.; payment of creditors and investors by commissioner. |
§ 5-16-34. Voluntary liquidation - Certification and transmittal of unclaimed funds to State Treasurer. |
§ 5-16-35. Voluntary liquidation - Payment of creditors or investors by State Treasurer. |
§ 5-16-36. Reports, examinations and audits. |
§ 5-16-37. Conservatorship; involuntary liquidation. |
§ 5-16-38.1. Assessment fees. |
§ 5-16-39. Foreign corporations not to transact business in state; privileges, etc., of federal savings and loan associations. |
§ 5-16-40. Sales of accounts. |
§ 5-16-41. Acknowledgment, etc., of instruments by public officers employed by associations, etc. |
§ 5-16-42. Operating or management contracts. |
§ 5-16-43. Accounts of minors, married women, joint owners and fiduciaries; investments in accounts of associations. |
§ 5-16-44. Deposit in names of two persons, payable to either or survivor - How payable; when construed as belonging to survivor. |
§ 5-16-45. Deposit in names of two persons, payable to either or survivor - Title to deposit upon death of either. |
§ 5-16-46. Disposition of account of deceased person. |
§ 5-16-47. Disposition of deposit in trust for another upon death of trustee. |
§ 5-16-48. Engaging in mortgage brokerage business; purchase of loans; origination, purchase and sale of mortgages. |
§ 5-16-49. Forms. |
§ 5-16-50. Deposits with State Treasurer, etc., of securities issued by associations. |
§ 5-16-51. Associations empowered to enter into contracts, etc., for insurance of accounts, etc. |
§ 5-16-52. State associations may make contracts, loans or investments available to federal savings and loan associations. |
§ 5-16-53. Termination of status as insured corporation. |