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Alabama Code (Last Updated: November 28, 2014) |
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Title5 BANKS AND FINANCIAL INSTITUTIONS. |
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Chapter8A. LIQUIDATION OF BANKS. |
| Article 1. Solvent Banks. |
| § 5-8A-1. Liquidation of solvent banks. |
| Article 2. Insolvent Banks. |
| § 5-8A-20. Proceedings of superintendent before banking board as to defaults or misconduct of bank. |
| § 5-8A-21. Liquidation of bank by superintendent without assent of Banking Board. |
| § 5-8A-22. Institution of civil action for vacation of charter, liquidation, etc., of bank. |
| § 5-8A-23. Acquisition of possession of property and business of bank by superintendent; notice to holders of bank assets. |
| § 5-8A-24. Appointment of receiver to liquidate bank. |
| § 5-8A-25. Passage of title to assets, etc., of banking institution to receiver. |
| § 5-8A-26. Use of bank examiner's reports as evidence in liquidation proceedings, etc. |
| § 5-8A-27. Application by bank for injunction against acquisition of possession of business and property by receiver or superintendent. |
| § 5-8A-28. Creation of liens against bank after possession by superintendent. |
| § 5-8A-29. Resumption of business of bank. |
| § 5-8A-30. Collection of claims of bank, etc. |
| § 5-8A-31. Subrogation of Federal Deposit Insurance Corporation. |
| § 5-8A-32. Sale, etc., of bad debts and property of bank. |
| § 5-8A-33. Negotiation of loans, granting of security, etc., on behalf of closed bank. |
| § 5-8A-34. Loans from and sale of assets to Federal Deposit Insurance Corporation for bank. |
| § 5-8A-35. Assumption or rejection of executory contracts by receiver. |
| § 5-8A-36. Employment of counsel, expert assistants, etc., in liquidation of bank; compensation of assistants, etc.; court approval of liquidation expenses. |
| § 5-8A-37. Payment of compensation. |
| § 5-8A-38. Deposit of funds collected by receiver. |
| § 5-8A-39. Notice for and filing of claims against bank. |
| § 5-8A-40. Preferred claims. |
| § 5-8A-41. Inventory of assets of bank; filing list of claims. |
| § 5-8A-42. Objections to claims; unproven or unclaimed deposits. |
| § 5-8A-43. Rejection of claims. |
| § 5-8A-44. Actions upon rejected claims; late claims. |
| § 5-8A-45. Payment of dividends to creditors. |
| § 5-8A-46. Final distribution, termination of receivership and dissolution of bank. |