{"data":{"id":"us-al/ala.-code-5-13b-85","jurisdiction":"us-al","citation":"Ala. Code § 5-13B-85","heading":"No Concurrent Maintenance of Federal Branches or Agencies.","body":"(a) No foreign bank which is licensed under this article to establish and maintain an Alabama state branch or Alabama state agency shall concurrently maintain a federal branch or federal agency in this state.\n(b) No foreign bank which maintains a federal branch or federal agency in this state shall concurrently be licensed under this article to maintain an Alabama state branch or Alabama state agency.","path":["Title 5 Banks and Financial Institutions.","Chapter 13B Interstate and International Bank Acquisitions, Mergers and Branching.","Article 3 Regulation of Foreign Banks.","Division 3 Direct Branch, Agency, and Representative Offices of Foreign Banks."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=5-13B-85","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"124e719c66aa7a4042a24ec95f2169417423510129d5a3fbeedf558d3c99b4f0","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-5-13b-84","next":"us-al/ala.-code-5-13b-86"},"notice":"GroundRules: Original legal text. Not legal advice."}
