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Home » US Law » 2022 Code of Alabama » Title 5 - Banks and Financial Institutions. » Chapter 5A - Organization and Operation of Banks. » Section 5-5A-17 – Amendment of Certificate of Incorporation; Approval of Amended Certificate of Incorporation.

Section 5-5A-17

Amendment of certificate of incorporation; approval of amended certificate of incorporation.

A bank may amend its certificate of incorporation in the manner provided by the laws governing business corporations. No proposed amendment of a certificate of incorporation of a bank is valid unless approved in writing by the superintendent and may not be recorded unless such written approval accompanies the proposed amendment.

(Acts 1980, No. 80-658, §5-5-17.)