Alabama Codes

Title 5 - Banks And Financial Institutions

Chapter 1A - George Wallace, Jr., Plan For Linked Deposits Of 1988

  • Section 5-21-1 Short title
    Repealed by Act 2007-397, §2, effective January 1, 2008. This chapter shall be known as, and may be cited as "The George Wallace, Jr., ...
  • Section 5-21-2 Legislative purpose
    Repealed by Act 2007-397, §2, effective January 1, 2008. The legislative purpose and intent of this chapter is to create a plan for emergency ...
  • Section 5-21-3 Definitions
    Repealed by Act 2007-397, §2, effective January 1, 2008. For purposes of this chapter, the following terms shall have the meaning hereinafter ascribed to ...
  • Section 5-21-4 Creation of plan; term and return rate of deposits
    Repealed by Act 2007-397, §2, effective January 1, 2008. (a) The Wallace Plan for Linked and Emergency Interim Deposits, hereinafter referred to as "the ...
  • Section 5-21-5 Amounts of loans; eligibility
    Repealed by Act 2007-397, §2, effective January 1, 2008. (a) Pursuant to the plan, agricultural operations loans are limited to a maximum amount of ...
  • Section 5-21-6 Restriction of fees or charges
    Repealed by Act 2007-397, §2, effective January 1, 2008. Lenders shall not be entitled to charge any fee or service charge to the borrower ...
  • Section 5-21-7 Interest rates
    Repealed by Act 2007-397, §2, effective January 1, 2008. The Treasurer shall determine the rate, term, method, and date of payment due the State ...
  • Section 5-21-8 Agreements between state and eligible lending institutions in writing; specific terms, conditions, etc., included
    Repealed by Act 2007-397, §2, effective January 1, 2008. Any agreement entered into between the state and a participating eligible lending institution pursuant to ...
  • Section 5-21-9 Participation in plan; application
    Repealed by Act 2007-397, §2, effective January 1, 2008. The Treasurer shall establish procedures and other requirements for participation in the plan, and shall ...
  • Section 5-21-10 Annual report
    Repealed by Act 2007-397, §2, effective January 1, 2008. The Treasurer shall prepare an annual report to the Legislature, not later than the tenth ...
  • Section 5-21-11 Effective date; termination date
    Repealed by Act 2007-397, §2, effective January 1, 2008. The provisions of this chapter shall become effective October 1, 1999; and shall terminate September ...