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Form a Business

Manner of Reorganization Not Exclusive.

Ala. Code § 5-9A-6
in effect
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5-9A-6. Manner of Reorganization Not Exclusive. The plan for reorganization of a bank or banks as provided in this chapter shall not be exclusive and shall not be construed to prohibit or prevent a reorganization of a bank as now permitted under existing laws. (Acts 1980, No. 80-658, §5-9-6.)
Source: Alabama Legislature (alison.legislature.state.al.us)URL: https://alison.legislature.state.al.us/code-of-alabama#5-9A-6Fetched: 10/20/2026

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