Manner of Reorganization Not Exclusive

Ala. Code § 5-9A-6 — under Title 5.

Ala. Code § 5-9A-6

The plan for reorganization of a bank or banks as provided in this chapter shall not be exclusive and shall not be construed to prohibit or prevent a reorganization of a bank as now permitted under existing laws.

History: (Acts 1980, No. 80-658, §5-9-6.)