Capital - Increase or Decrease

Ala. Code § 5-5A-15, under Organization and Operation of Banks.

Ala. Code § 5-5A-15

Any bank shall with the consent of the superintendent have power and authority to increase or decrease its authorized capital in the manner provided for a corporation under the business corporation laws of this state. (Acts 1980, No. 80-658, §5-5-15.)