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Alabama · Through Act 2026-611

Ala. Code § 41-14-53: Applications for Loans; Linked Deposit Package.

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Where this section sits in the code
  1. Title 41 State Government.
  2. Chapter 14 State Funds Generally.
  3. Article 3 Linked Deposit Program of 2007.

(a) An eligible lending institution shall accept and review applications for linked deposit loans from eligible borrowers. The lending institution shall apply all usual lending standards to determine the credit worthiness of eligible borrowers.

(b) The eligible lending institution shall forward to the Treasurer a linked deposit package, in the form and manner prescribed by the Treasurer.

Collected 2026-09-03T14:01:52Z. Source file · JSON

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