Code of Alabama - Title 5: Banks and Financial Institutions - Section 5-9A-3 - Publication of reorganization plan

Section 5-9A-3 - Publication of reorganization plan.

Upon the filing of such report and petition, the court shall order notice to be given to all parties in interest by publication in some newspaper published in the county where the principal business office of such bank is located once a week for two consecutive weeks, which notice shall set forth substantially the plan of such reorganization and require all parties in interest to appear at a specified time either to consent to or protest against the plan for such reorganization.

(Acts 1980, No. 80-658, §5-9-3.)

Last modified: May 3, 2021