Issuance of Capital Notes and Debentures

Ala. Code § 5-5A-16 — under Title 5.

Ala. Code § 5-5A-16

No bank shall issue capital notes or capital debentures except with the prior written approval of the superintendent under such conditions as he may impose.

History: (Acts 1980, No. 80-658, §5-5-16.)