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Alabama · Through Act 2026-611

Ala. Code § 5-8A-41: Inventory of Assets of Bank; Filing List of Claims.

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Where this section sits in the code
  1. Title 5 Banks and Financial Institutions.
  2. Chapter 8A Liquidation of Banks.
  3. Article 2 Insolvent Banks.

Upon taking possession of the property and assets of such bank, the receiver shall make an inventory of the assets of such bank in duplicate, and upon expiration of time for rejection of claims, make a full and complete list of claims in duplicate, specifying which claims have been rejected by him. A copy of the inventory and a copy of this list of claims shall be filed in the office of the receiver and one copy of each shall be filed in the office of the clerk of the receivership court. Such inventory and list of claims shall be open at all reasonable times to inspection.

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

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