{"data":{"id":"us-al/ala.-code-5-5a-14","jurisdiction":"us-al","citation":"Ala. Code § 5-5A-14","heading":"Capital - Minimum Amount Required for Incorporation of Bank.","body":"(a) No bank hereafter organized under the laws of Alabama shall have total initial capital accounts actually paid in of less than $800,000.00.\n(b) The superintendent may require a higher amount of capital accounts and where the bank will have no significance except as a means of acquiring the assets or the voting shares of an existing bank, the superintendent may require a lesser amount of capital accounts.","path":["Title 5 Banks and Financial Institutions.","Chapter 5A Organization and Operation of Banks."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=5-5A-14","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"a4298aee9b168d0e3ab08547bb32e2c40952296405142d2cf25c14e00e188913","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-5-5a-13","next":"us-al/ala.-code-5-5a-15"},"notice":"GroundRules: Original legal text. Not legal advice."}
