{"data":{"id":"us-al/ala.-code-5-7a-20","jurisdiction":"us-al","citation":"Ala. Code § 5-7A-20","heading":"Conversion of National Bank, Etc., into State Bank - Procedure.","body":"Any bank organized under the laws of the United States may, by the vote of the stockholders owning not less than a majority of the capital stock of such bank with the approval of the superintendent and upon the payment by it to the superintendent of a fee prescribed by the Banking Board under Section 5-5A-13, be converted into a state bank with any name approved by the superintendent.","path":["Title 5 Banks and Financial Institutions.","Chapter 7A Bank Merger, Consolidation, or Conversion.","Article 2 Conversion of National Banks into State Banks."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=5-7A-20","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"fe2db14005d6f4ee5af88bd894e0a33e5da27caa2598566b47b194f88a1a6ac8","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-5-7a-6","next":"us-al/ala.-code-5-7a-21"},"notice":"GroundRules: Original legal text. Not legal advice."}