Ala. Code § 5-1A-4

Current through the 2024 Regular Session.
Section 5-1A-4 - Restrictions on engaging in banking business

No person, firm, corporation or other entity except a bank or if otherwise lawfully authorized a credit union or a savings and loan association may lend money and either receive deposits or pay checks at its principal office or branch in this state.

Ala. Code § 5-1A-4 (1975)

Acts 1980, No. 80-658, §5-1-4.