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Ala. Code § 5-11A-3

Capital Stock Requirements for Trust Companies.

(Acts 1980, No. 80-658, §5-11-3.)

No trust company hereafter organized under the laws of Alabama shall have total initial capital accounts actually paid in of less than $1,000,000.00.

Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.