5-13B-96
Section 5-13B-96 Appointment of superintendent as agent for service of process. (a) 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 an instrument irrevocably
appointing the superintendent and his or her successors in office to be such foreign bank's
agent, representative, and attorney to receive service of any lawful process in any judicial
or administrative proceeding against the foreign bank or any of its successors which arises
out of the foreign bank's activities in this state after such appointment has been filed,
with the same force and validity as if served directly on the foreign bank or its successor,
as the case may be. Such appointment shall be in such form and contain such information as
the superintendent may require by regulation or order. (b) Any foreign bank which establishes
an Alabama state branch, Alabama state agency, or Alabama...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-13B-96.htm - 1K - Match Info - Similar pages

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.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-13B-100.htm - 822 bytes - Match Info - Similar pages

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.)...

alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-13B-114.htm - 1K - Match Info - Similar pages

5-13B-94
Section 5-13B-94 Posting of license. Each foreign bank which is licensed to establish and maintain
an Alabama state branch, Alabama state agency, or Alabama representative office shall post
its license in a conspicuous place at such office. (Acts 1995, No. 95-115, p. 134, §42.)...

alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-13B-94.htm - 586 bytes - Match Info - Similar pages

5-13B-92
Section 5-13B-92 Representative office - Permissible activities. (a) A foreign bank which is
licensed to establish and maintain an Alabama representative office may, subject to such regulations
as the superintendent may prescribe, engage in the following activities: (1) Solicitation
for loans and in connection therewith the assembly of credit information, making of property
inspections and appraisals, securing of title information, preparation of applications for
loans including making recommendations with respect to action thereon, solicitation of investors
to purchase loans from the foreign bank, and the search for such investors to contract with
the foreign bank for servicing of such loans; (2) The solicitation of new business; (3) The
conduct of research; and (4) Back office administrative functions as may be more specifically
defined in regulations issued by the superintendent. Any other activity which the foreign
bank seeks to conduct at such office shall be subject to the prior...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-13B-92.htm - 2K - Match Info - Similar pages

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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-13B-22.htm - 2K - Match Info - Similar pages

5-13B-93
Section 5-13B-93 Representative office - Revocation of license. The superintendent, after notice
and opportunity for a hearing, may revoke a license to establish and maintain an Alabama representative
office if he or she finds: (1) The foreign bank has violated any provision of this article
or any other law, rule, or regulation of this state; or (2) Any fact or condition exists which,
if it had existed at the time of the foreign bank's original application for such license,
would have resulted in the superintendent's refusal to issue such license to the foreign bank.
(Acts 1995, No. 95-115, p. 134, §41.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-13B-93.htm - 938 bytes - Match Info - Similar pages

22-19-41
Section 22-19-41 Definitions. For the purposes of this article, the following terms shall have
the meanings respectively ascribed to them by this section: (1) BANK or STORAGE FACILITY.
A facility licensed, accredited or approved under the laws of any state for the storage of
human bodies, or parts thereof. (2) DECEDENT. A deceased individual and includes a stillborn
infant or fetus. (3) DONOR. An individual who makes a gift of all, or part of, his body. (4)
HOSPITAL. A hospital licensed under the laws of the State of Alabama, or any subdivision thereof,
or under the laws and regulations of the United States government, or any agency thereof.
(5) PART. Organs, tissues, eyes, bones, arteries, blood or other fluids and any other portions
of a human body. (6) PERSON. An individual, corporation, government or governmental subdivision
or agency, business trust, estate trust, partnership or association or any other legal entity.
(7) PHYSICIAN or SURGEON. A physician or surgeon licensed or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-19-41.htm - 1K - Match Info - Similar pages

5-13B-103
Section 5-13B-103 Supervision and enforcement. (a) The superintendent shall have all of the
powers granted to him or her by the laws of this state to the extent appropriate to enable
him or her to supervise each Alabama state branch, Alabama state agency, or Alabama representative
office. (b) If, after notice and a hearing, the superintendent finds that any person has violated
any provision of this article or of any regulation or order issued under this article, he
or she may, in addition to any other remedy or action available to the superintendent under
the laws of this state, order such person to pay to the superintendent a civil penalty in
such a manner and in such an amount as the superintendent shall determine in accordance with
the laws of this state and regulations thereunder. (c) In order to carry out the purposes
under this article, the superintendent may: (1) Enter into cooperative, coordinating, or information-sharing
agreements with any other bank supervisory agency or any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-13B-103.htm - 3K - Match Info - Similar pages

5-13B-3
Section 5-13B-3 Scope of article and statement of legislative intent. This article sets forth
the conditions under which a company may acquire an Alabama bank or an Alabama bank holding
company or an Alabama bank holding company may acquire an out-of-state bank or bank holding
company. This article is intended not to discriminate against out-of-state bank holding companies
or against foreign bank holding companies in any manner that would violate Section 3(d) of
the Bank Holding Company Act, as amended effective September 29, 1995, by Section 101 of the
Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994, Public Law No. 103-328.
(Acts 1995, No. 95-115, p. 134, §3; Act 2010-548, p. 966, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-13B-3.htm - 1K - Match Info - Similar pages