No bank shall issue capital notes or capital debentures except with the prior written approval of the superintendent under such conditions as he may impose.
Ala. Code § 5-5A-16
Issuance of Capital Notes and Debentures.
(Acts 1980, No. 80-658, §5-5-16.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.