Code of Alabama - Title 5: Banks and Financial Institutions - Section 5-10A-4 - Extension, etc., of banking holiday or emergency rules or regulations

Section 5-10A-4 - Extension, etc., of banking holiday or emergency rules or regulations.

Any such bank holiday or any such rule or regulation may be extended, modified, suspended or terminated by the superintendent with the concurrence of not less than two other members of the Banking Board or by any three members of the Banking Board without action by said superintendent by signing and filing their written direction to that effect with the superintendent who shall thereupon forthwith proclaim and give effect to the same.

(Acts 1980, No. 80-658, §5-10-4.)

Last modified: May 3, 2021