General Provisions.

  1. Law
  2. Code of Alabama
  3. Banks and Financial Institutions.
  4. Regulation of Trust Business of Banks and Trust Companies.
  5. General Provisions.

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Section
5-11A-1

Amenability of Trust Companies to Banking Laws; Use of Word "Trust" in Corporate Name Generally; Operation of Trust Departments, etc., by Banks.

Section
5-11A-1.1

Branching of Trust Companies; Branching of Out-of-State Trust Companies; Reciprocity; Cooperative Agreements.

Section
5-11A-2

Written Approval of Superintendent to Conduct Trust Business.

Section
5-11A-3

Capital Stock Requirements for Trust Companies.

Section
5-11A-4

Use of Word "Trust" in Designation or Name of Entity.

Section
5-11A-5

Deposit of Security for Operation of Trust Business - Amount Required and Form; Charges Against Deposit.

Section
5-11A-6

Deposit of Security for a Operation of Trust Business - State Treasurer to Decline Certain Bonds or Securities.

Section
5-11A-7

Deposit of Security for a Operation of Trust Business - Certificate of Deposit; Purpose.

Section
5-11A-8

Sale of Bonds or Securities for Satisfaction of Judgment Against Trust Company.

Section
5-11A-9

Exemption of Trust Companies, etc., Acting as Administrators, etc., From Bond Requirement.

Section
5-11A-10

Withdrawal of Bonds or Securities From Deposit With Trustees.

Section
5-11A-11

Interest on Bonds or Securities Deposited With Treasurer Payable to Trust Companies.

Section
5-11A-12

Trust Company Authorized to Purchase Its Own Securities in Fiduciary Capacity.