The plan for reorganization of a bank or banks as provided in this chapter shall not be exclusive and shall not be construed to prohibit or prevent a reorganization of a bank as now permitted under existing laws.
Ala. Code § 5-9A-6
Manner of Reorganization Not Exclusive.
(Acts 1980, No. 80-658, §5-9-6.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.