5-3A-35
Section 5-3A-35 THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2018 REGULAR SESSION,
EFFECTIVE APRIL 4, 2018. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) The superintendent
may enter into agreements, which shall be deemed sole source, one vendor, and one supplier
contracts under the procurement laws of this state and shall be exempt from competitive and
other bid requirements, with any bank supervisory agency that has concurrent jurisdiction
over a service provider to do either of the following: (1) Engage the services of the examiners
of any bank supervisory agency at a reasonable rate of compensation. (2) Provide the services
of the examiners of the State Banking Department to any bank supervisory agency at a reasonable
rate of compensation. (b) The superintendent may enter into corrective agreements with a service
provider or may issue corrective orders to a service provider if the superintendent determines
the actions are necessary to ensure the safe and sound...
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5-3A-2
Section 5-3A-2 Acceptance of examinations and reports of federal bank regulatory agency, etc.
The superintendent is authorized to accept, in his discretion, in lieu of any examination
authorized by the laws of this state to be conducted by his department the examination that
may have been made of same within a reasonable period by a federal bank regulatory agency,
provided a copy of said examination is furnished to said superintendent. Nothing in this section
shall be construed to limit the duty of any banks in this state, deposits in which are to
any extent insured under the provisions of the Federal Deposit Insurance Act or of any amendment
of or substitution for the same, to comply with the provisions of said act, its amendments
or substitutions or the requirements of said corporation relative to examinations and reports,
nor to limit the powers of the superintendent with reference to examinations and reports under
existing law. (Acts 1980, No. 80-658, §5-3-2.)...
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5-13B-10
Section 5-13B-10 Penalties. The superintendent may enforce the provisions of this article by
any appropriate action in the circuit courts of this state, including an action for civil
money penalties or injunctive relief, provided, that the superintendent shall promptly give
notice to the home state regulator of any enforcement action initiated against an out-of-state
bank holding company and, to the extent practicable, shall consult and cooperate with the
home state regulator in pursuing and resolving the enforcement action. (Acts 1995, No. 95-115,
p. 134, §10.)...
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5-13B-100
Section 5-13B-100 Change of control of foreign bank. A foreign bank which is licensed to establish
and maintain an Alabama state branch, Alabama state agency, or Alabama representative office
shall file with the superintendent a notice, in such form and containing such information
as the superintendent may prescribe, no later than 14 calendar days after such foreign bank
becomes aware of any acquisition of control of such foreign bank or merges with another foreign
bank. (Acts 1995, No. 95-115, p. 134, §48.)...
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5-13B-104
Section 5-13B-104 Reports. (a) Each foreign bank which is licensed to establish and maintain
an Alabama state branch, Alabama state agency, or Alabama representative office shall file
with the superintendent such reports as and when the superintendent may require by regulation
or order. (b) Each report filed with the superintendent under this article or under any regulation
or order issued under this article shall be in such form and contain such information, shall
be signed in such manner, and shall be verified in such manner, as the superintendent may
require by regulation or order. (Acts 1995, No. 95-115, p. 134, §52.)...
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5-13B-112
Section 5-13B-112 Voluntary closure of branch, agency, or representative office - Application.
(a) No foreign bank which is licensed to establish and maintain an Alabama state branch, Alabama
state agency, or Alabama representative office shall close such office without filing an application
with, and obtaining the prior approval of, the superintendent. An application by a foreign
bank under this section shall be in such form and include such information as the superintendent
shall establish by regulation or order. (b) If the superintendent finds, with respect to an
application by a foreign bank under this section, that the closing of such office will not
be substantially detrimental to the public convenience and advantage, the superintendent shall
approve such application. If the superintendent finds otherwise, he or she shall deny the
application. (c) Whenever an application by a foreign bank under this section has been approved
and all conditions precedent to such closing have been...
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5-13B-84
Section 5-13B-84 Application fee. Upon applying to the superintendent under this article for
a license to establish and maintain an Alabama state branch or Alabama state agency, a foreign
bank shall pay to the superintendent an application fee in such amount and in such manner
as the superintendent shall require by regulation. (Acts 1995, No. 95-115, p. 134, §32.)...

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5-13B-98
Section 5-13B-98 Filing of amendments to articles of incorporation. A foreign bank which is
licensed to maintain an Alabama state branch or Alabama state agency, whenever its articles
of incorporation are amended, shall forthwith file in the office of the superintendent a copy
of such amendment duly authenticated by the proper officer of the country of such foreign
bank's organization, but the filing thereof may not of itself enlarge or alter the purpose
or purposes for which such foreign bank is authorized to pursue in the transaction of its
business in this state, nor authorize such foreign bank to transact business in this state
under any name other than the name set forth in its license, nor extend the duration of its
corporate existence. (Acts 1995, No. 95-115, p. 134, §46.)...
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5-13B-101
Section 5-13B-101 Relocation of office; written notice necessary. (a) No foreign bank which
is licensed to establish and maintain an Alabama state branch, Alabama state agency, or Alabama
representative office shall relocate any such office unless the foreign bank provides prior
written notice to the superintendent and the superintendent shall have approved such relocation.
(b) Written notice provided by a foreign bank under this section shall be in such form and
contain such information as the superintendent shall require by regulation or order. (Acts
1995, No. 95-115, p. 134, §49.)...
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5-13B-105
Section 5-13B-105 Confidentiality of examination reports. (a) All reports of examinations and
investigations, correspondence, and memoranda concerning or arising out of such examinations
and investigations, including any duly authenticated copy or copies thereof in the possession
of any foreign bank, shall not be subject to subpoena and shall not be made public unless,
in the judgment of the superintendent, the public advantage will be served by the publication
thereof, in which event the superintendent may publish or authorize the publication of a copy
of any such report or any part thereof in such manner as may be deemed proper. (b) For the
purposes of this section, reports of examinations shall include reports of examinations conducted
by any bank supervisory agency which are considered confidential by such agency and which
are in possession of the superintendent. (Acts 1995, No. 95-115, p. 134, §53.)...
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