Ala. Code § 5-1A-4: Restrictions on Engaging in Banking Business.
Where this section sits in the code
- Title 5 Banks and Financial Institutions.
- Chapter 1A General Provisions.
No person, firm, corporation or other entity except a bank or if otherwise lawfully authorized a credit union or a savings and loan association may lend money and either receive deposits or pay checks at its principal office or branch in this state.
Collected 2026-09-03T14:01:52Z. Source file · JSON