Alabama Code (Last Updated: November 28, 2014) |
Title5 BANKS AND FINANCIAL INSTITUTIONS. |
Chapter7A. BANK MERGER, CONSOLIDATION, OR CONVERSION. |
Article 1. Consolidation, Merger or Transfer of State Banks. |
§ 5-7A-1. Banks may merge or consolidate; transfer of place of business. |
§ 5-7A-2. Proceedings to effect consolidation, merger or transfer. |
§ 5-7A-3. Certificate of proceedings to be forwarded to Superintendent of Banks. |
§ 5-7A-4. Issuance of certificate of approval by superintendent. |
§ 5-7A-5. Examinations; written consent of superintendent to consolidation. |
§ 5-7A-6. Appeals; applicability of article to branch banks, etc. |
Article 2. Conversion of National Banks Into State Banks. |
§ 5-7A-20. Conversion of national bank, etc., into state bank - Procedure. |
§ 5-7A-21. Conversion of national bank, etc., into state bank - Execution of articles of incorporation and organization certificate; powers of directors, etc. |
§ 5-7A-22. Conversion of national bank, etc., into state bank - Powers and duties of bank, stockholders, officers, etc., upon issuance of certificate. |
§ 5-7A-23. Declaration of incorporation. |
§ 5-7A-24. Issuance of stock by state bank. |
Article 3. Conversion of State Banks Into or Consolidation With National Banks. |
§ 5-7A-40. Authorized; exchange of stock. |
§ 5-7A-41. Meeting of stockholders for purpose of conversion or consolidation. |
§ 5-7A-42. Transfer of property of state bank to national bank. |
§ 5-7A-43. Continuation of identity, obligations, etc., of state bank. |
§ 5-7A-44. Rights of dissenting shareholders. |
§ 5-7A-46. Sections not to affect general or local law, etc. |
Article 4. Conversion of Savings Institutions Into State Banks. |
§ 5-7A-60. Purpose. |
§ 5-7A-61. Definitions. |
§ 5-7A-63. Resulting bank as continuation of savings institution. |
§ 5-7A-64. Maintenance and operation of offices. |
§ 5-7A-65. Expansion or branching limited. |