Alabama Interstate and International Banking Act

Sections covered

• Ala. Code § 5-13B-1Short Title.
• Ala. Code § 5-13B-10Penalties.
• Ala. Code § 5-13B-100Change of Control of Foreign Bank.
• Ala. Code § 5-13B-101Relocation of Office; Written Notice Necessary.
• Ala. Code § 5-13B-102Examination; Payment of Fees.
• Ala. Code § 5-13B-103Supervision and Enforcement.
• Ala. Code § 5-13B-104Reports.
• Ala. Code § 5-13B-105Confidentiality of Examination Reports.
• Ala. Code § 5-13B-106Books, Accounts, and Records.
• Ala. Code § 5-13B-107Separate Assets.
• Ala. Code § 5-13B-108Disclosure of Lack of Deposit Insurance.
• Ala. Code § 5-13B-109Limitations on Payment of Interest on Deposits.
• Ala. Code § 5-13B-11Authority to Issue Regulations; Cooperative Agreements; Fees.
• Ala. Code § 5-13B-110Pledge of Assets.
• Ala. Code § 5-13B-111Asset Maintenance.
• Ala. Code § 5-13B-112Voluntary Closure of Branch, Agency, or Representative Office - Application.
• Ala. Code § 5-13B-113Suspension or Revocation of License; Factors.
• Ala. Code § 5-13B-114Immediate Suspension or Revocation.
• Ala. Code § 5-13B-115Seizure of Foreign Bank’s Property and Business; Liquidation.
• Ala. Code § 5-13B-130Purpose.
• Ala. Code § 5-13B-131Establishment of Interstate Branches in This State by Out-of-State Foreign Banks.
• Ala. Code § 5-13B-2Definitions.
• Ala. Code § 5-13B-20Purpose.
• Ala. Code § 5-13B-21Definitions.
• Ala. Code § 5-13B-22Establishment of Interstate Branches by Acquisition or Merger; Branching.
• Ala. Code § 5-13B-23Interstate Merger Transactions and Branching; Operation of Branches.
• Ala. Code § 5-13B-24Notice and Filing Requirements.
• Ala. Code § 5-13B-25Powers.
• Ala. Code § 5-13B-26Examinations; Periodic Reports; Cooperative Agreements; Assessment of Fees.
• Ala. Code § 5-13B-27Enforcement.
• Ala. Code § 5-13B-28Regulations.
• Ala. Code § 5-13B-29Notice of Subsequent Merger, Etc.
• Ala. Code § 5-13B-3Scope of Article and Statement of Legislative Intent.
• Ala. Code § 5-13B-4Permitted Acquisitions.
• Ala. Code § 5-13B-40Purpose.
• Ala. Code § 5-13B-41Definitions.
• Ala. Code § 5-13B-42General Regulation Authority.
• Ala. Code § 5-13B-5Required Application.
• Ala. Code § 5-13B-6Standards for Approval.
• Ala. Code § 5-13B-60Purpose.
• Ala. Code § 5-13B-61Operations in This State of Banks Owned or Controlled by Foreign Banks and Other Foreign Persons.
• Ala. Code § 5-13B-62Citizenship and Residency Requirements for Directors of State Banks.
• Ala. Code § 5-13B-7Procedures Relating to Applications.
• Ala. Code § 5-13B-8Reports; Examinations.
• Ala. Code § 5-13B-80Purpose.
• Ala. Code § 5-13B-81Branches and Agencies of Foreign Banks - Necessity of Licensure.
• Ala. Code § 5-13B-82Application to Establish and Maintain a Branch or Agency - Contents.
• Ala. Code § 5-13B-83Application to Establish and Maintain a Branch or Agency - Manner of Filing and Determination.
• Ala. Code § 5-13B-84Application Fee.
• Ala. Code § 5-13B-85No Concurrent Maintenance of Federal Branches or Agencies.
• Ala. Code § 5-13B-86Powers of Branch and Agency.
• Ala. Code § 5-13B-87Fiduciary Activities.
• Ala. Code § 5-13B-88Authority to Act as Agent.
• Ala. Code § 5-13B-89Representative Office of Foreign Banks - Necessity of Licensure.
• Ala. Code § 5-13B-9Agency Activities.
• Ala. Code § 5-13B-90Representative Office - Application.
• Ala. Code § 5-13B-91Representative Office - Factors for Approval of Application.
• Ala. Code § 5-13B-92Representative Office - Permissible Activities.
• Ala. Code § 5-13B-93Representative Office - Revocation of License.
• Ala. Code § 5-13B-94Posting of License.
• Ala. Code § 5-13B-95Licenses Not Transferable.
• Ala. Code § 5-13B-96Appointment of Superintendent as Agent for Service of Process.
• Ala. Code § 5-13B-97Service of Process.
• Ala. Code § 5-13B-98Filing of Amendments to Articles of Incorporation.
• Ala. Code § 5-13B-99Amended License to Establish and Maintain a Branch or Agency.