{"data":{"id":"us-al/ala.-code-5-8a-25","jurisdiction":"us-al","citation":"Ala. Code § 5-8A-25","heading":"Passage of Title to Assets, Etc., of Banking Institution to Receiver.","body":"Upon the appointment of a receiver to liquidate a bank, the possession of and title to all assets, business and property of such bank of every kind and nature shall pass to and vest in the receiver without the execution of any instruments of conveyance, assignment, transfer or endorsement.","path":["Title 5 Banks and Financial Institutions.","Chapter 8A Liquidation of Banks.","Article 2 Insolvent Banks."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=5-8A-25","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"8aa15573b146347174aa854e42321f956d30c38b9fc5964c3149f99fafe73821","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-5-8a-24","next":"us-al/ala.-code-5-8a-26"},"notice":"GroundRules: Original legal text. Not legal advice."}