GroundRules
← Search the law
Alabama · Through Act 2026-611

Ala. Code § 11-51-131: Savings and Loan Associations.

Read at publisher ↗
Where this section sits in the code
  1. Title 11 Counties and Municipal Corporations.
  2. Title 2 Provisions Applicable to Municipal Corporations Only.
  3. Chapter 51 Taxation.
  4. Article 2 License Taxes.
  5. Division 2 Schedules.

Municipalities may levy a license on savings and loan associations in proportion to the amount paid in on nonwithdrawable shares, reserves, and undivided profits of the association upon the same schedule as is provided for banks and none other.

Collected 2026-09-03T14:01:51Z. Source file · JSON

Browse this collection