GroundRules
Ala. Code § 5-5A-31: Liability for Transactions on Legal Holidays.
Where this section sits in the code
- Title 5 Banks and Financial Institutions.
- Chapter 5A Organization and Operation of Banks.
A bank shall be liable for and chargeable with deposits received and other business transacted on a legal holiday the same as if such deposit were received or business transacted on a legal banking day and shall have the same protection for payment of checks or sight drafts and business on a holiday that it would have if such payments were made and such transactions had on a legal banking day.
Collected 2026-09-03T14:01:52Z. Source file · JSON