Any bank may consolidate or merge with or transfer its assets and liabilities to another bank and any bank may move its office or place of business from one city or town to another city or town within the state.
Ala. Code § 5-7A-1
Banks May Merge or Consolidate; Transfer of Place of Business.
(Acts 1980, No. 80-658, §5-7-1.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.