5-5A-47
Section 5-5A-47 Liability of directors or officers; enforcement powers of superintendent. If
the directors or officers of any bank knowingly and willfully violate or knowingly and willfully
permit any of the officers, agents, or employees of the bank to violate any of the provisions
of this title, each and every director or officer engaging in such knowing and willful violation
or knowing and willful permission shall be liable in his or her personal and individual capacity
for all damages which the bank or any other person shall have sustained in consequence of
such violation. The superintendent may use enforcement powers granted by Section 5-2A-12 to
seek restitution for or on behalf of the bank for damages resulting from such violations.
Further, the superintendent shall have standing to intervene in any court action arising out
of or relating to such violation in order to protect the interests of the superintendent,
the bank, or its shareholders. (Acts 1980, No. 80-658, §5-5-47;...
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5-11A-4
Section 5-11A-4 Use of word "trust" in designation or name of entity. Except in the
case of any entity which is organized and operating under the laws of Alabama, other states,
or the United States as a trust company or as a combined bank and trust company and which
has complied with the requirements of Sections 5-11A-1 and 5-11A-3 or with similar laws of
other states or of the United States, no firm, partnership, limited liability company, corporation,
or other entity shall use the word "trust" or a word or words of similar meaning
in any foreign language as a part of its designation or name or in connection with its business
if such use of the word "trust" or word or words of similar meaning in any foreign
language is likely to give the impression that the entity is lawfully organized and operating
as a bank or trust company or would otherwise mislead or confuse the public regarding the
lawful business of the entity. Any violation of this section shall subject the party chargeable...

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5-1A-3
Section 5-1A-3 Use of words "bank," "banker," "banking," etc.,
restricted. The use of the words "bank," "banker," "banking,"
or words of similar meaning in any foreign language as a designation or name, or as part of
a designation or name, under which business is or may be conducted in the State of Alabama,
or in its advertising is restricted to banking corporations organized under the laws of Alabama,
other states, the United States, or foreign countries. All other persons, firms, partnerships,
limited liability companies, corporations, and other entities are prohibited from using the
words "bank," "banker," or "banking" or words of similar meaning
in any foreign language in advertising or as a designation or name or as part of a designation
or name under which business may be conducted in this state unless the superintendent determines
that the use of the word by the entity is unlikely to mislead or confuse the public or give
the impression that such entity is lawfully organized and...
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5-6A-22
Section 5-6A-22 Overdrawing own account; receipt of commissions, etc., to procure loans, discounts,
etc. Any officer, director, or employee of a bank who willfully and knowingly overdraws his
account with such bank and thereby obtains money or funds of any such bank except as the superintendent
shall allow by regulation, or asks, receives, consents or agrees to receive any commission,
emolument, gratuity, or reward or any promise of any commission, emolument or reward, or any
money, property or thing of value or of personal advantage in procuring or endeavoring to
procure for any person, firm or corporation any loan from or the purchase or discount of any
paper, note, draft, check or bill of exchange by any such bank is guilty of a misdemeanor.
(Acts 1980, No. 80-658, §5-6-22.)...
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5-17-8.1
Section 5-17-8.1 Investigatory and enforcement powers of administrator, board, designee, etc.
(a) The administrator or the administrator's designee, in consultation with the agency's legal
counsel acting under the administrator, may administer oaths and may examine under oath any
person whose testimony may be required on the examination of any credit union, or the examination
of any affiliate of a credit union, and shall have authority and power to compel the appearance
and attendance of any such person or the production of any records and documents of any credit
union or any affiliate of a credit union for the purpose of any examination. Attendance or
production may be enforced by order of the Circuit Court, 15th Judicial District. The production
of records, documents, or testimony, whether or not made under oath, by a credit union or
by any of its directors, officers, employees, advisors, consultants, attorneys, or accountants
made for, and at the request of, the administrator upon...
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5-6A-2
Section 5-6A-2 Oath of directors. Every such director shall, within 30 days after his election,
take and subscribe, in duplicate, an oath that he will diligently and honestly perform his
duties as such director, not knowingly violate or permit to be violated any provision of the
banking law of this state and that he is the owner in good faith of the shares of stock of
the bank or company required to qualify him for such office, standing in his own name on its
books. A copy of such oath shall be forthwith filed with the Superintendent of Banks. No director
shall perform the duties of his office until such oath is made, and in case a director fails
to make such oath, his place on the board shall be declared vacant and his successor elected
as prescribed by the bylaws of the bank, such successor being required to have the same qualifications
and take the same oath as provided by this chapter. (Acts 1980, No. 80-658, §5-6-2.)...
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27-29-10
Section 27-29-10 Violations and penalties; criminal proceedings. (a) Any insurer failing, without
just cause, to file any registration statement as required in this chapter shall be required,
after notice and hearing, to pay a penalty of up to one thousand dollars ($1,000) for each
day's delay, to be recovered by the commissioner and the penalty so recovered shall be paid
into the state General Fund. The maximum penalty under this section is fifty thousand dollars
($50,000). The commissioner may reduce the penalty if the commissioner, in the commissioner's
sole discretion, determines it is equitable to do so or the insurer demonstrates to the commissioner
that the imposition of the penalty would constitute a financial hardship to the insurer. (b)
Every director or officer of an insurance holding company system who knowingly violates, participates
in, or permits any of the officers or agents of the insurer to engage in transactions or make
investments that have not been properly...
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5-17-3
Section 5-17-3 Use of words "credit union" in name or title. It shall be a misdemeanor
for any person, association, copartnership, or corporation, except corporations organized
in accordance with the provisions of this chapter, credit unions incorporated under the laws
of the United States, the trade associations of credit unions doing business in this state,
and other organizations as approved by the administrator, to use the words "credit union"
in their name, title, or in advertising. A credit union organized under the provisions of
this chapter shall include in its corporate name or title the words "credit union."
Any violation of this prohibition shall subject the party chargeable therewith to a penalty
of five hundred dollars ($500) for each day, with a maximum amount of fifty thousand dollars
($50,000), during which the violation is committed or repeated. The penalty may be recovered
by the administrator by an action instituted for that purpose, and, in addition to the penalty,...

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24-9-5
Section 24-9-5 Alabama Land Bank Authority Board. (a) There is created the Alabama Land Bank
Authority Board which shall govern the authority to administer and enforce this chapter. (b)
The board shall consist of the following members: (1) Four residents of the state appointed
by the Governor. (2) Two representatives from nonprofit organizations engaged in low-income
housing appointed by the Governor. (3) The Presiding Officer of the Senate or his or her designee.
(4) The Speaker of the House of Representatives or his or her designee. (5) The Chair of the
Senate Finance and Taxation General Fund Committee or his or her designee. (6) The Chair of
the House Ways and Means General Fund Committee or his or her designee. (7) The State Revenue
Commissioner or his or her designee. (8) The Superintendent of the State Banking Department
or his or her designee. (9) The Director of the Alabama Department of Economic and Community
Affairs or his or her designee. (10) The Secretary of the Alabama...
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20-2-190
Section 20-2-190 Penalties; sale of ephedrine, etc.; Alabama Drug Abuse Task Force. (a) Any
person who manufactures, sells, transfers, receives, or possesses a listed precursor chemical
violates this article if the person: (1) Knowingly fails to comply with the reporting requirements
of this article; (2) Knowingly makes a false statement in a report or record required by this
article or the rules adopted thereunder; (3) Is required by this article to have a listed
precursor chemical license or permit, and is a person as defined by this article, and knowingly
or deliberately fails to obtain such a license or permit. An offense under this subsection
shall constitute a Class C felony. (b) Notwithstanding the provisions of Section 20-2-188,
a person who possesses, sells, transfers, or otherwise furnishes or attempts to solicit another
or conspires to possess, sell, transfer, or otherwise furnish a listed precursor chemical
or a product containing a precursor chemical or ephedrine or...
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