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11-3-60
Section 11-3-60 Use of credit or debit cards issued to county commission for certain purchases;
rewards or rebates. (a) For the purposes of this article, the following words shall have the
following meanings: (1) CHIEF ADMINISTRATIVE OFFICER. A person employed by the county commission
of a county pursuant to Section 11-3-18. (2) CREDIT CARD. A line of credit issued by a domestic
lender or credit card bank. (3) DEBIT CARD. A card issued by a bank in relation to a checking
or savings account held by the county commission. (b) To provide for convenience in making
purchases of tangible personal property or services approved by the county commission, the
county commission of a county may establish procedures for the chief administrative officer
to make certain purchases through use of a credit or debit card issued to the county commission.
The county commission shall promulgate written policy and procedures governing the utilization
of credit or debit cards which, at a minimum, shall...
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27-29-14
Section 27-29-14 Short title. This chapter may be cited as the Alabama Insurance Holding Company
System Regulatory Act. (Acts 1973, No. 1042, p. 1636, §1.)...
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27-29A-2
Section 27-29A-2 Definitions. For purposes of this chapter, the following definitions shall
apply: (1) INSURANCE GROUP. Those insurers and affiliates included within an insurance holding
company system as defined in Chapter 29. (2) INSURER. As set forth in Section 27-1-2, except
that it shall not include agencies, authorities, or instrumentalities of the United States,
its possessions and territories, the Commonwealth of Puerto Rico, the District of Columbia,
or a state or political subdivision of a state. (3) NAIC. The National Association of Insurance
Commissioners and its affiliates and subsidiaries. (4) OWN RISK AND SOLVENCY ASSESSMENT or
ORSA. A confidential internal assessment, appropriate to the nature, scale, and complexity
of an insurer or insurance group, conducted by that insurer or insurance group of the material
and relevant risks associated with the insurer or insurance group's current business plan,
and the sufficiency of capital resources to support those risks. (5)...
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5-13B-108
Section 5-13B-108 Disclosure of lack of deposit insurance. Each foreign bank which is licensed
to establish and maintain an Alabama state branch or Alabama state agency shall, in a manner
established by the superintendent by regulation or order, give notice that deposits and credit
balances in such office are not insured by the Federal Deposit Insurance Corporation. (Acts
1995, No. 95-115, p. 134, §56.)...
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5-13B-109
Section 5-13B-109 Limitations on payment of interest on deposits. A foreign bank which is licensed
to establish and maintain an Alabama state branch or Alabama state agency shall be subject
to the same limitations with respect to the payment of interest on deposits as a state bank
which is a member of the Federal Reserve System. (Acts 1995, No. 95-115, p. 134, §57.)...
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5-13B-114
Section 5-13B-114 Immediate suspension or revocation. If the superintendent finds that any
of the factors set forth in Section 5-13B-113 are true with respect to any foreign bank which
is licensed to maintain an Alabama state branch or Alabama state agency and that it is necessary
for the protection of the interests of creditors of the foreign bank's business in this state
or, in any case, for the protection of the public interest that the superintendent immediately
suspend or revoke the license of the foreign bank, the superintendent may issue, without notice
or hearing, an order suspending or revoking the license of the foreign bank for a period of
up to 90 days, pending investigation or hearing. (Acts 1995, No. 95-115, p. 134, §62.)...
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5-13B-22
Section 5-13B-22 Establishment of interstate branches by acquisition or merger; branching.
With the prior approval of the superintendent, an Alabama state bank may establish, maintain,
and operate one or more branches in a state other than Alabama or a foreign country on a de
novo basis, by acquisition of a branch, or pursuant to an interstate merger transaction in
which the Alabama state bank is the resulting bank. For an interstate merger transaction and
not later than the date on which the required application for the interstate merger transaction
is filed with the responsible federal bank supervisory agency, the applicant Alabama state
bank shall file an application on a form prescribed by the superintendent and pay the fee
prescribed by the superintendent. The applicant shall also comply with the applicable provisions
of Alabama law governing mergers of Alabama state banks. If the superintendent finds that
(1) the proposed interstate merger transaction will not be detrimental to...
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5-13B-85
Section 5-13B-85 No concurrent maintenance of federal branches or agencies. (a) No foreign
bank which is licensed under this article to establish and maintain an Alabama state branch
or Alabama state agency shall concurrently maintain a federal branch or federal agency in
this state. (b) No foreign bank which maintains a federal branch or federal agency in this
state shall concurrently be licensed under this article to maintain an Alabama state branch
or Alabama state agency. (Acts 1995, No. 95-115, p. 134, §33.)...
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5-23-2
Section 5-23-2 State participation in financial institution credit card program; contact with
financial institutions. The State Treasurer is hereby authorized to participate in a financial
institution credit card program for the benefit of the state. Within 180 days of April 19,
1990, the Treasurer shall contact as many financial institutions as, in the Treasurer's discretion
is necessary, to determine if: (1) The financial institution or its holding company or affiliate
currently administers a credit card program; (2) The credit card program provides a fee or
commission on retail sales to the sponsoring entity for the issuance and use of the credit
card; and (3) The credit card program would accept the state as a sponsoring entity. (Acts
1990, No. 90-524, p. 764, §2.)...
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5-2A-8
Section 5-2A-8 Superintendent - Promulgation and interpretation of regulations. The superintendent
may, with the concurrence of a majority of the members of the State Banking Board or as otherwise
provided in this title, promulgate such reasonable regulations, consistent with the laws of
this state, as may be necessary to carry out the provisions of this title over which the State
Banking Department has jurisdiction. The superintendent shall, in addition, issue written
interpretations of banking laws and regulations. Any bank or bank holding company and any
officer or director thereof relying on any regulation or interpretation shall be fully protected
even though the same shall be thereafter ruled invalid for any reason by a court of competent
jurisdiction. (Acts 1980, No. 80-658, p. 1259, §5-2-10; Acts 1985, No. 85-457, p. 425, §3;
Acts 1995, No. 95-115, p. 134, §69; Act 2013-352, p. 1261, §1.)...
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