{"data":{"id":"us-al/ala.-code-5-27-4","jurisdiction":"us-al","citation":"Ala. Code § 5-27-4","heading":"Oversight.","body":"Each savings promotion contest is subject to oversight by the federal or state agency responsible for regulating the financial institution, and the regulatory agency may issue cease and desist orders relating to a savings promotion contest offered by a financial institution which it regulates if the regulatory agency concludes, based on substantial evidence, that the financial institution is engaging in unsafe or unsound practices or that the financial institution has violated any law or rule, condition, or agreement of the regulatory agency.","path":["Title 5 Banks and Financial Institutions.","Chapter 27 Savings Promotion Contest"],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=5-27-4","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:53Z","sha256":"bd6faaec47881c788acdae94440da7cd8d13457090890cfe8c560e2f8bd2a0b9","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-5-27-3","next":"us-al/ala.-code-5-27-5"},"notice":"GroundRules: Original legal text. Not legal advice."}