Chapter 1A - Regional Reciprocal Savings Institutions
- Section 5-14A-1 Short title
This chapter shall be known and may be cited as the "Alabama Regional Reciprocal Savings Institutions Act." ...
- Section 5-14A-2 Definitions
For the purposes of this chapter, the following words and phrases shall have the following meanings unless the context indicates otherwise: (1) ACQUIRE: a. ...
- Section 5-14A-3 Acquisition of Alabama savings and loan holding company or Alabama savings institution by regional holding company or institution
(a) A southern region savings and loan holding company or a southern region savings institution that does not have an Alabama savings institution's subsidiary ...
- Section 5-14A-4 Enforcement
The commissioner shall have the power to enforce the provisions of this chapter, through the imposition of fines and penalties, the issuance of cease ...
- Section 5-14A-5 Applicable law
Any southern region savings and loan holding company or southern region savings institution which controls an Alabama savings institution or Alabama savings and loan ...
- Section 5-14A-6 Regulatory supervision in cooperation with other savings institutions regulatory agencies
The commissioner is authorized to enter into cooperative agreements with other regulatory agencies to facilitate the regulation of savings institutions and savings and loan ...
- Section 5-14A-7 Application fee
Each application filed with the commissioner to make an acquisition pursuant to this chapter shall be accompanied by a fee in an amount to ...
- Section 5-14A-8 Power to establish or acquire branch offices and subsidiaries
Notwithstanding any other provision of law to the contrary, an Alabama association or Alabama savings and loan holding company acquired pursuant to this chapter, ...
