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Ala. Code § 5-5A-36

Notice Upon Maturity of Certificate of Deposit Issued for More Than 90 Days.

(Acts 1980, No. 80-658, §5-5-36.)

In the case of certificates of deposit issued for more than 90 days which are automatically renewable, a bank shall send within a reasonable period, but in no event less than five days before the next maturity, a written notice to the last known address of record.

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