Amendment of Certificate of Incorporation; Approval of Amended

Ala. Code § 5-5A-17 — under Title 5.

Ala. Code § 5-5A-17

Certificate of Incorporation.

A bank may amend its certificate of incorporation in the manner provided by the laws governing business corporations. No proposed amendment of a certificate of incorporation of a bank is valid unless approved in writing by the superintendent and may not be recorded unless such written approval accompanies the proposed amendment.

History: (Acts 1980, No. 80-658, §5-5-17.)