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Form a Business

Written Approval of Superintendent to Conduct Trust Business.

Ala. Code § 5-11A-2
in effect
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5-11A-2. Written Approval of Superintendent to Conduct Trust Business. No bank shall have the right to operate or conduct a trust department or become a trustee or a fiduciary without having received the prior written approval of the superintendent and otherwise complied with Section 5-11A-1, even though the certificate of incorporation of the bank might contain language covering such authority. (Acts 1980, No. 80-658, §5-11-2.)
Source: Alabama Legislature (alison.legislature.state.al.us)URL: https://alison.legislature.state.al.us/code-of-alabama#5-11A-2Fetched: 10/20/2026

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