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. (Acts 1980, No. 80-658, §5-9-6.)
Ala. Code § 5-9A-6, under Reorganization of Banks.
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. (Acts 1980, No. 80-658, §5-9-6.)