Ala. Code § 5-5A-17

Current through the 2024 Regular Session.
Section 5-5A-17 - Amendment of certificate of incorporation; approval of amended certificate of incorporation

A bank may amend its certificate of incorporation in the manner provided by the laws governing business corporations. No proposed amendment of a certificate of incorporation of a bank is valid unless approved in writing by the superintendent and may not be recorded unless such written approval accompanies the proposed amendment.

Ala. Code § 5-5A-17 (1975)

Acts 1980, No. 80-658, §5-5-17.