GroundRules
Ala. Code § 5-8A-37: Payment of Compensation.
Where this section sits in the code
- Title 5 Banks and Financial Institutions.
- Chapter 8A Liquidation of Banks.
- Article 2 Insolvent Banks.
When the compensation for the various parties aiding in the liquidation is fixed and approved, the same shall be paid out of the funds of such bank in the hands of the receiver and shall be a prior charge and lien on the assets of such bank.
Collected 2026-09-03T14:01:52Z. Source file · JSON