Title 5 — Banks and Financial Institutions

Chapter 1A General Provisions

§ 5-1A-1 Short Title

§ 5-1A-2 Definitions

§ 5-1A-3 Use of Words “Bank,” “Banker,” “Banking,” Etc., Restricted

§ 5-1A-4 Restrictions on Engaging in Banking Business

§ 5-1A-5 Supervisory Provisions Not Applicable to National Banks

§ 5-1A-6 Inconsistent Provisions in Other Laws Superseded

§ 5-1A-7 Activities of Savings and Loan Associations and Credit Unions Not Restricted

§ 5-1A-8 Effect of Repeal of Prior Acts

§ 5-1A-9 Deposit Creates Debtor-Creditor Relationship; Agreement as to Person or Purpose for Which Deposit Made and Payable

§ 5-1A-10 Use of Lender Information or Trade Name in Solicitations

Chapter 2A State Banking Department

Article 1 General Provisions

§ 5-2A-1 Creation of Department; Duties Generally

§ 5-2A-2 Offices, Venue

§ 5-2A-3 Superintendent - Qualifications, Appointment and Term of Office; Filling of Vacancies

§ 5-2A-4 Superintendent - Oath and Bond

§ 5-2A-5 Superintendent - Seal of Office; Recordation of Executed Papers

§ 5-2A-6 Superintendent - Removal; Removal of Member of Banking Board

§ 5-2A-7 Superintendent - Expansion of Banking Powers; Rules and Regulations

§ 5-2A-8 Superintendent - Promulgation and Interpretation of Regulations

§ 5-2A-9 Superintendent - Procedure for Promulgation of Regulations; Emergency Regulations; Judicial Review

§ 5-2A-10 Superintendent - Make Good Any Impairment of Capital

§ 5-2A-11 Superintendent - Losses; Bank to Correct Impairment of Capital

§ 5-2A-12 Superintendent - Order to Correct Unsafe and Unsound Matters; Penalties; Procedure

§ 5-2A-13 Superintendent - Annual Report to Governor; Publication and Distribution, Etc

§ 5-2A-14 Superintendent - Reports of Criminal Violations to Grand Juries

§ 5-2A-15 Appointment, Etc., of Assistants and Employees Generally; Bond of Deputy Superintendent

§ 5-2A-16 Limitation of Liability of Superintendent, Members of Banking Board, or Employees

§ 5-2A-17 Bank Examiners - Oath; Duties Generally

§ 5-2A-18 Bank Examiners - Commission

§ 5-2A-19 Bond of Examiners and Office Assistants

§ 5-2A-20 Assessment of Banks - When Payable; Amount; Disposition of Revenue

§ 5-2A-21 Assessment of Banks - Fees for Failure to Pay Assessment; Proceedings for Collection of Assessment

§ 5-2A-22 Independent Audits; Minimum Standards; Advisory Committee; Report in Lieu of Audit

§ 5-2A-23 Legal Counsel

§ 5-2A-24 Examination of Small Loan Companies; Fees

Article 2 Banking Board

§ 5-2A-40 Composition of Banking Board; Chairman; Appointment and Terms of Office of Members

§ 5-2A-41 Meetings of Board - Notice; Executive Session; Confidentiality

§ 5-2A-42 Meetings of Board - Place

§ 5-2A-43 Quorum

§ 5-2A-44 Filling of Vacancies; Qualification of Members

§ 5-2A-45 Compensation of Members

Article 3 Bureau of Savings and Loan

§ 5-2A-60 Composition

§ 5-2A-61 Created; Commissioner and Deputy Commissioner Generally; Examiners; Disclosure of Information by Officers; Seal of Commissioner

§ 5-2A-62 Supervisory Powers of Commissioner Generally; Approvals, Etc., by Commissioner; Permits Required of Savings and Loan Associations

§ 5-2A-63 Savings and Loan Board; Appeals from Orders, Etc., of Commissioner or Board

Article 4 Bureau of Loans

§ 5-2A-80 Created; Supervisor of Bureau; Inspections; Records, Reports, Etc., Not Open to Public

§ 5-2A-81 Revocation and Suspension of Licenses; Injunctive Relief as to Violations of Small Loan Act

§ 5-2A-82 Appeals from Acts of Bureau or Supervisor

§ 5-2A-83 Payment of Salaries and Expenses

Article 5 Bureau of Credit Unions

Division 1 General Provisions

§ 5-2A-100 Created; Appointment of Supervisor and Other Employees; Supervisor’s Oath and Bond; Investigations; Records, Reports, Etc., Open to Public

§ 5-2A-101 Qualifications of Supervisor

§ 5-2A-102 Supervision, Inspection and Examinations of Credit Unions

§ 5-2A-103 Payment of Operating Expenses

Chapter 3A Examinations of Banks; Reports of Banks

Article 1 Examination of Banks

§ 5-3A-1 Required Times; Items to Be Examined; Applicability to Bank Holding Companies and Affiliates

§ 5-3A-2 Acceptance of Examinations and Reports of Federal Bank Regulatory Agency, Etc

§ 5-3A-3 Disclosure of Information Obtained by Superintendent, Bank Examiners, Etc

§ 5-3A-4 Expenses of Special Examinations

§ 5-3A-5 Examination of Agency of Foreign Banks

§ 5-3A-6 Examination of Witnesses and Production of Documents; Penalties for False Entry or Statement; Proceedings Against Former Employees

§ 5-3A-7 False Swearing, Etc., Before Bank Examiners or Superintendent

§ 5-3A-8 Reports of Superintendent and Bank Examiners as to Examinations; Publication of Reports of Examination for Limited Purposes

§ 5-3A-9 Loans, Gifts, Favors, Etc., to Banking Department Employees from Banks, Employees, Etc., Prohibited

§ 5-3A-10 False Reports by Bank Examiners

§ 5-3A-11 Reports of Examination; Meetings of Banking Board; Confidentiality

§ 5-3A-12 Semiannual Reports by Banks - Required; Verification

§ 5-3A-13 Semiannual Report by Banks - Special Reports of Banks

§ 5-3A-14 Semiannual Report by Banks - Form; Publication; Penalty for Late Report

§ 5-3A-15 Semiannual Reports by Banks - Republication

§ 5-3A-16 Failure to Pay for Publication of Bank Report by Superintendent

§ 5-3A-17 Verification of False Report of Condition of Bank

Article 2 Examination of Bank Services Providers Act

§ 5-3A-30 Short Title

§ 5-3A-31 Legislative Findings

§ 5-3A-32 Definitions

§ 5-3A-33 Regulation and Examination of Certain Service Providers; Covered Services

§ 5-3A-34 Confidentiality of Examination Reports; Availability of Copies

§ 5-3A-35 Powers of Superintendent

Chapter 4A Retention of Bank Records

§ 5-4A-1 Certain Records to Be Retained; Disposition of Records After Retention for Prescribed Period; Reproduction of Records and Books

§ 5-4A-2 Applicability of Chapter to State and National Banks, Etc

Chapter 5A Organization and Operation of Banks

§ 5-5A-1 Procedure for Incorporation - Application for Permit

§ 5-5A-2 Procedure for Incorporation - Notice of Intention to Incorporate

§ 5-5A-3 Procedure for Incorporation - Affidavit of Proposed Incorporators; Affidavit of Proposed Stockholders; Submission of Proposed Certificate of Incorporation; Disclosure to Stockholders

§ 5-5A-4 Procedure for Incorporation - Investigation as to Fitness of Stockholders and Executive Officers and Necessity for Banks

§ 5-5A-5 Procedure for Incorporation - Filing of Objections to Incorporation of Proposed Bank; Investigation of Objections

§ 5-5A-6 Procedure for Incorporation - Certificate of Superintendent of Banks Authorizing Filing of Certificate of Incorporation

§ 5-5A-7 Procedure for Incorporation - Filing and Recordation of Certificate of Incorporation

§ 5-5A-8 Procedure for Incorporation - Refusal to Permit Incorporation; Appeal from Refusal to Banking Board

§ 5-5A-9 Procedure for Incorporation - Judicial Review

§ 5-5A-10 Permit to Transact Business - Required

§ 5-5A-11 Permit to Transact Business - Examination; Issuance and Recordation of Permit

§ 5-5A-12 Membership in Federal Deposit Insurance Corporation, Etc

§ 5-5A-13 Filing Fee; Other Fees

§ 5-5A-14 Capital - Minimum Amount Required for Incorporation of Bank

§ 5-5A-15 Capital - Increase or Decrease

§ 5-5A-16 Issuance of Capital Notes and Debentures

§ 5-5A-17 Amendment of Certificate of Incorporation; Approval of Amended Certificate of Incorporation

§ 5-5A-18 Powers of Banks Generally

§ 5-5A-18.1 Banks and Trust Companies to Have Power of Federally Chartered or Regulated Financial Institution

§ 5-5A-19 Reserves

§ 5-5A-20 Branch Banks; Commercial Affiliates

§ 5-5A-21 Surplus; Restriction on Dividends

§ 5-5A-22 Limits of Indebtedness

§ 5-5A-23 Investments and Loans with Respect to Housing

§ 5-5A-25 Acceptance of Drafts or Bills of Exchange Arising from Transactions Involving Shipment of Goods - Authority

§ 5-5A-26 Acceptance of Drafts or Bills of Exchange Arising from Transactions Involving Shipment of Goods - Limitations

§ 5-5A-27 Loans Secured by Own Stock; Purchase of Own Stock; Ownership of Capital Stock of Other Banks

§ 5-5A-28 Pledge of Assets

§ 5-5A-29 Security Not Required When Deposits Insured

§ 5-5A-30 Transactions of Business on Legal Holidays; Use of Automated Teller Machine or Other Instrumentality, Transaction Fees, Disclosure; Limitation on Contractual Fee Restrictions, Intent of Limitation, Applicability

§ 5-5A-31 Liability for Transactions on Legal Holidays

§ 5-5A-32 Closing of Banks, Etc., Permitted on One Business Day of Each Week

§ 5-5A-33 Bank to Pay Checks Drawn on It at Par

§ 5-5A-35 Agreements Between Principal and Sureties on Bond for Deposit of Money and Assets in Bank, Etc

§ 5-5A-36 Notice Upon Maturity of Certificate of Deposit Issued for More Than 90 Days

§ 5-5A-37 Rights of Minors

§ 5-5A-38 Disposition of Small Deposits of Deceased Person - to Whom Payable; When Bond Required

§ 5-5A-39 Disposition of Small Deposits of Deceased Person - Time for Payment; When Payment Prohibited

§ 5-5A-40 Disposition of Deposit in Trust for Another Upon Death of Trustee

§ 5-5A-41 Payment of Deposits Made in Names of Two Persons Upon Death of One; More Than Two Persons with Provision for Survivorship

§ 5-5A-42 Adverse Claims to Deposits

§ 5-5A-43 Disclosure of Customer Financial Records

§ 5-5A-44 Acquisition of Majority of Voting Shares of a Bank; Procedure

§ 5-5A-45 Initiation of Run on Banks, Etc

§ 5-5A-46 False, Etc., Statements, Etc., Affecting Financial Standing of Bank

§ 5-5A-47 Liability of Directors or Officers; Enforcement Powers of Superintendent

Chapter 6A Directors, Officers, and Employees

Article 1 General Provisions

§ 5-6A-1 Directors of Banks to Own Stock in Bank; Citizenship and Residence of Directors

§ 5-6A-2 Oath of Directors

§ 5-6A-3 Meeting of Board of Directors; Bonds of Officers and Employees of Banks

Article 2 Prohibited Acts

§ 5-6A-20 Declaration of Illegal Dividends, Discounts of Notes, Etc

§ 5-6A-21 Concealment of Loans, Purchase or Sale of Security, Etc

§ 5-6A-22 Overdrawing Own Account; Receipt of Commissions, Etc., to Procure Loans, Discounts, Etc

§ 5-6A-23 Receipt or Possession of Bank Property with Intent to Defraud, Etc

§ 5-6A-24 Making of False Entries, Etc., on Books and Accounts of Bank

§ 5-6A-25 Fraudulent Representation as to Capital, False Reports, Etc., as to Condition of Bank, Etc

§ 5-6A-26 Loans or Extension of Credit to Bank Officers and Employees

Chapter 7A Bank Merger, Consolidation, or Conversion

Article 1 Consolidation, Merger or Transfer of State Banks

§ 5-7A-1 Banks May Merge or Consolidate; Transfer of Place of Business

§ 5-7A-2 Proceedings to Effect Consolidation, Merger or Transfer

§ 5-7A-3 Certificate of Proceedings to Be Forwarded to Superintendent of Banks

§ 5-7A-4 Issuance of Certificate of Approval by Superintendent

§ 5-7A-5 Examinations; Written Consent of Superintendent to Consolidation

§ 5-7A-6 Appeals; Applicability of Article to Branch Banks, Etc

Article 2 Conversion of National Banks into State Banks

§ 5-7A-20 Conversion of National Bank, Etc., into State Bank - Procedure

§ 5-7A-21 Conversion of National Bank, Etc., into State Bank - Execution of Articles of Incorporation and Organization Certificate; Powers of Directors, Etc

§ 5-7A-22 Conversion of National Bank, Etc., into State Bank - Powers and Duties of Bank, Stockholders, Officers, Etc., Upon Issuance of Certificate

§ 5-7A-23 Declaration of Incorporation

§ 5-7A-24 Issuance of Stock by State Bank

Article 3 Conversion of State Banks into or Consolidation with National Banks

§ 5-7A-40 Authorized; Exchange of Stock

§ 5-7A-41 Meeting of Stockholders for Purpose of Conversion or Consolidation

§ 5-7A-42 Transfer of Property of State Bank to National Bank

§ 5-7A-43 Continuation of Identity, Obligations, Etc., of State Bank

§ 5-7A-44 Rights of Dissenting Shareholders

§ 5-7A-46 Sections Not to Affect General or Local Law, Etc

Article 4 Conversion of Savings Institutions into State Banks

§ 5-7A-60 Purpose

§ 5-7A-61 Definitions

§ 5-7A-62 Application to Convert Charter; Written Plan of Conversion; Authorizing Resolution; Submission to Superintendent; Fee; Tentative Approval; Vote of Stockholders or Members; Directors; Articles of Incorporation and Bylaws; Statement of Superintendent’s Objections; Amendment; Appeal of Disapproval; Application to Fdic; Final Approval and Permit

§ 5-7A-63 Resulting Bank as Continuation of Savings Institution

§ 5-7A-64 Maintenance and Operation of Offices

§ 5-7A-65 Expansion or Branching Limited

Chapter 8A Liquidation of Banks

Article 1 Solvent Banks

§ 5-8A-1 Liquidation of Solvent Banks

Article 2 Insolvent Banks

§ 5-8A-20 Proceedings of Superintendent Before Banking Board as to Defaults or Misconduct of Bank

§ 5-8A-21 Liquidation of Bank by Superintendent Without Assent of Banking Board

§ 5-8A-22 Institution of Civil Action for Vacation of Charter, Liquidation, Etc., of Bank

§ 5-8A-23 Acquisition of Possession of Property and Business of Bank by Superintendent; Notice to Holders of Bank Assets

§ 5-8A-24 Appointment of Receiver to Liquidate Bank

§ 5-8A-25 Passage of Title to Assets, Etc., of Banking Institution to Receiver

§ 5-8A-26 Use of Bank Examiner’s Reports as Evidence in Liquidation Proceedings, Etc

§ 5-8A-27 Application by Bank for Injunction Against Acquisition of Possession of Business and Property by Receiver or Superintendent

§ 5-8A-28 Creation of Liens Against Bank After Possession by Superintendent

§ 5-8A-29 Resumption of Business of Bank

§ 5-8A-30 Collection of Claims of Bank, Etc

§ 5-8A-31 Subrogation of Federal Deposit Insurance Corporation

§ 5-8A-32 Sale, Etc., of Bad Debts and Property of Bank

§ 5-8A-33 Negotiation of Loans, Granting of Security, Etc., on Behalf of Closed Bank

§ 5-8A-34 Loans from and Sale of Assets to Federal Deposit Insurance Corporation for Bank

§ 5-8A-35 Assumption or Rejection of Executory Contracts by Receiver

§ 5-8A-36 Employment of Counsel, Expert Assistants, Etc., in Liquidation of Bank; Compensation of Assistants, Etc.; Court Approval of Liquidation Expenses

§ 5-8A-37 Payment of Compensation

§ 5-8A-38 Deposit of Funds Collected by Receiver

§ 5-8A-39 Notice for and Filing of Claims Against Bank

§ 5-8A-40 Preferred Claims

§ 5-8A-41 Inventory of Assets of Bank; Filing List of Claims

§ 5-8A-42 Objections to Claims; Unproven or Unclaimed Deposits

§ 5-8A-43 Rejection of Claims

§ 5-8A-44 Actions Upon Rejected Claims; Late Claims

§ 5-8A-45 Payment of Dividends to Creditors

§ 5-8A-46 Final Distribution, Termination of Receivership and Dissolution of Bank

Chapter 9A Reorganization of Banks

§ 5-9A-1 Cooperation of Superintendent in Reorganization of Bank

§ 5-9A-2 Submission of Reorganization Plan to Court for Confirmation and Approval

§ 5-9A-3 Publication of Reorganization Plan

§ 5-9A-4 Hearing Upon Plan; Entry of Judgment

§ 5-9A-5 Appeals

§ 5-9A-6 Manner of Reorganization Not Exclusive

Chapter 10A Banking Emergencies and Compliance with Federal Laws

§ 5-10A-1 Authorization or Direction of Banks to Postpone Paying Liabilities, Segregate Deposits and Assets, Renew Loans, Etc

§ 5-10A-2 Promulgation of Rules and Regulations; Requirements of Reports, Etc., Generally

§ 5-10A-3 Declaration of Banking Holidays; Promulgation of Emergency Rules or Regulations

§ 5-10A-4 Extension, Etc., of Banking Holiday or Emergency Rules or Regulations

§ 5-10A-5 Sections 5-10A-1 through 5-10A-4 Applicable Only in Emergencies; Duration of Emergency Action

§ 5-10A-6 Operation of Banks Under Federal Laws

§ 5-10A-7 Payment of Expenses of Bank Operating Without Receivership Liquidation

§ 5-10A-8 Segregation of Assets - Manner of Segregation Generally; Distribution of Segregated Assets Upon Receivership Liquidation of Bank

§ 5-10A-9 Segregation of Assets - Manners of Segregation

§ 5-10A-10 Segregation of Assets - Commingling of Items in Classes of Deposits

§ 5-10A-11 Segregation of Assets - Adjustments; Identification of Segregated Items

§ 5-10A-12 Discharge of Deposits of Script, Clearinghouse Certificates or Emergency Currency

§ 5-10A-13 Issuance and Reissuance of Script, Clearinghouse Certificates or Emergency Currency

§ 5-10A-14 Issuance of Notes or Certificates of Indebtedness as Evidence of Compensation for Services or Labor During Banking Emergency

§ 5-10A-15 Authorization and Approval of Reorganization of Bank Without Receivership Liquidation

§ 5-10A-16 Compliance with Chapter, Federal Laws, Etc., Not to Entail Liability

§ 5-10A-17 Officers Not to Incur Liability or Penalties for Compliance with Orders of Superintendent, Federal Laws, Etc

Chapter 11A Regulation of Trust Business of Banks and Trust Companies

Article 1 General Provisions

§ 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

§ 5-11A-1.1 Branching of Trust Companies; Branching of Out-of-State Trust Companies; Reciprocity; Cooperative Agreements

§ 5-11A-2 Written Approval of Superintendent to Conduct Trust Business

§ 5-11A-3 Capital Stock Requirements for Trust Companies

§ 5-11A-4 Use of Word “Trust” in Designation or Name of Entity

§ 5-11A-5 Deposit of Security for Operation of Trust Business - Amount Required and Form; Charges Against Deposit

§ 5-11A-6 Deposit of Security for a Operation of Trust Business - State Treasurer to Decline Certain Bonds or Securities

§ 5-11A-7 Deposit of Security for a Operation of Trust Business - Certificate of Deposit; Purpose

§ 5-11A-8 Sale of Bonds or Securities for Satisfaction of Judgment Against Trust Company

§ 5-11A-9 Exemption of Trust Companies, Etc., Acting as Administrators, Etc., from Bond Requirement

§ 5-11A-10 Withdrawal of Bonds or Securities from Deposit with Trustees

§ 5-11A-11 Interest on Bonds or Securities Deposited with Treasurer Payable to Trust Companies

§ 5-11A-12 Trust Company Authorized to Purchase Its Own Securities in Fiduciary Capacity

Article 2 Transfer of Fiduciary Accounts

§ 5-11A-30 Transfer Between Related Institutions

§ 5-11A-31 Approval of Superintendent

§ 5-11A-32 Notice of Transfer

§ 5-11A-33 Objection to Transfer; Hearing on Objection; Appointment of Related Institution as Agent

§ 5-11A-34 Filing of Affidavit in Office of Judge of Probate; Filing of Notice of Abandonment

§ 5-11A-35 Substitution of Transferee Bank, Trust Company or Trust Department as Fiduciary; Effect

§ 5-11A-36 “Related” Defined

§ 5-11A-37 Appointment of Agent

Chapter 12A Administration, Etc., of Common Trust Funds

§ 5-12A-1 Definitions

§ 5-12A-2 Trust Institutions May Establish, Etc., Common Trust Funds

§ 5-12A-3 Investments by Trust Institutions

§ 5-12A-4 Common Trust Fund Plan

§ 5-12A-5 Amendment of Plan

§ 5-12A-6 Control of Investments by Instrument Under Which Trust Institution Acts

§ 5-12A-7 Investment of Estate Moneys in Fund; Withdrawals

§ 5-12A-8 Record of Fiduciary Accounts Owning Interest in Fund; Extent of Interest

§ 5-12A-9 Annual Audit

§ 5-12A-10 Quarterly Valuation of Securities in Fund

§ 5-12A-11 Management and Control of Fund; Ownership of Assets

§ 5-12A-12 Mistakes in Administration of Fund

§ 5-12A-13 Administration, Etc., of Common Trust Funds Differing from Funds Permitted by This Chapter

§ 5-12A-14 Accountings

§ 5-12A-15 Taxation

Chapter 13B Interstate and International Bank Acquisitions, Mergers and Branching

Article 1 Acquisitions of Banks by Bank Holding Companies

§ 5-13B-1 Short Title

§ 5-13B-2 Definitions

§ 5-13B-3 Scope of Article and Statement of Legislative Intent

§ 5-13B-4 Permitted Acquisitions

§ 5-13B-5 Required Application

§ 5-13B-6 Standards for Approval

§ 5-13B-7 Procedures Relating to Applications

§ 5-13B-8 Reports; Examinations

§ 5-13B-9 Agency Activities

§ 5-13B-10 Penalties

§ 5-13B-11 Authority to Issue Regulations; Cooperative Agreements; Fees

Article 2 Interstate Bank Mergers and Branching

§ 5-13B-20 Purpose

§ 5-13B-21 Definitions

§ 5-13B-22 Establishment of Interstate Branches by Acquisition or Merger; Branching

§ 5-13B-23 Interstate Merger Transactions and Branching; Operation of Branches

§ 5-13B-24 Notice and Filing Requirements

§ 5-13B-25 Powers

§ 5-13B-26 Examinations; Periodic Reports; Cooperative Agreements; Assessment of Fees

§ 5-13B-27 Enforcement

§ 5-13B-28 Regulations

§ 5-13B-29 Notice of Subsequent Merger, Etc

Article 3 Regulation of Foreign Banks

Division 1 General

§ 5-13B-40 Purpose

§ 5-13B-41 Definitions

§ 5-13B-42 General Regulation Authority

Division 2 Domestic Banks Owned or Controlled by Foreign Banks and Other Foreign Persons

§ 5-13B-60 Purpose

§ 5-13B-61 Operations in This State of Banks Owned or Controlled by Foreign Banks and Other Foreign Persons

§ 5-13B-62 Citizenship and Residency Requirements for Directors of State Banks

Division 3 Direct Branch, Agency, and Representative Offices of Foreign Banks

§ 5-13B-80 Purpose

§ 5-13B-81 Branches and Agencies of Foreign Banks - Necessity of Licensure

§ 5-13B-82 Application to Establish and Maintain a Branch or Agency - Contents

§ 5-13B-83 Application to Establish and Maintain a Branch or Agency - Manner of Filing and Determination

§ 5-13B-84 Application Fee

§ 5-13B-85 No Concurrent Maintenance of Federal Branches or Agencies

§ 5-13B-86 Powers of Branch and Agency

§ 5-13B-87 Fiduciary Activities

§ 5-13B-88 Authority to Act as Agent

§ 5-13B-89 Representative Office of Foreign Banks - Necessity of Licensure

§ 5-13B-90 Representative Office - Application

§ 5-13B-91 Representative Office - Factors for Approval of Application

§ 5-13B-92 Representative Office - Permissible Activities

§ 5-13B-93 Representative Office - Revocation of License

§ 5-13B-94 Posting of License

§ 5-13B-95 Licenses Not Transferable

§ 5-13B-96 Appointment of Superintendent as Agent for Service of Process

§ 5-13B-97 Service of Process

§ 5-13B-98 Filing of Amendments to Articles of Incorporation

§ 5-13B-99 Amended License to Establish and Maintain a Branch or Agency

§ 5-13B-100 Change of Control of Foreign Bank

§ 5-13B-101 Relocation of Office; Written Notice Necessary

§ 5-13B-102 Examination; Payment of Fees

§ 5-13B-103 Supervision and Enforcement

§ 5-13B-104 Reports

§ 5-13B-105 Confidentiality of Examination Reports

§ 5-13B-106 Books, Accounts, and Records

§ 5-13B-107 Separate Assets

§ 5-13B-108 Disclosure of Lack of Deposit Insurance

§ 5-13B-109 Limitations on Payment of Interest on Deposits

§ 5-13B-110 Pledge of Assets

§ 5-13B-111 Asset Maintenance

§ 5-13B-112 Voluntary Closure of Branch, Agency, or Representative Office - Application

§ 5-13B-113 Suspension or Revocation of License; Factors

§ 5-13B-114 Immediate Suspension or Revocation

§ 5-13B-115 Seizure of Foreign Bank’s Property and Business; Liquidation

Division 4 Alabama Branches of Out-of-State Foreign Banks

§ 5-13B-130 Purpose

§ 5-13B-131 Establishment of Interstate Branches in This State by Out-of-State Foreign Banks

Chapter 14A Regional Reciprocal Savings Institutions

§ 5-14A-1 Short Title

§ 5-14A-2 Definitions

§ 5-14A-3 Acquisition of Alabama Savings and Loan Holding Company or Alabama Savings Institution by Regional Holding Company or Institution

§ 5-14A-4 Enforcement

§ 5-14A-5 Applicable Law

§ 5-14A-6 Regulatory Supervision in Cooperation with Other Savings Institutions Regulatory Agencies

§ 5-14A-7 Application Fee

§ 5-14A-8 Power to Establish or Acquire Branch Offices and Subsidiaries

Chapter 16 Savings and Loan Associations

§ 5-16-1 Short Title

§ 5-16-2 Definitions

§ 5-16-3 Associations, Etc., Accepting Money for Promotion of Thrift and Financing of Homes Subject to Provisions of Chapter, Etc

§ 5-16-4 Procedure for Incorporation - Petition for Certificate of Incorporation; Subscription by Incorporators, Etc

§ 5-16-5 Procedure for Incorporation - Approval of Petition for Certificate of Incorporation; Certificate of Approval

§ 5-16-6 Procedure for Incorporation - Issuance of Certificate of Incorporation

§ 5-16-7 Bylaws

§ 5-16-8 Organizational Meeting

§ 5-16-9 Corporate Name and Offices - Generally

§ 5-16-10 Corporate Name and Offices - Change of Location of Home Office; Certificate of Approval, Etc

§ 5-16-11 Corporate Name and Offices - Establishment of Branch Offices

§ 5-16-12 Period for Commencement of Business; Forfeiture of Corporate Existence for Nonuse

§ 5-16-13 Rights, Privileges, Etc., of Members; Annual Meeting; Annual Financial Statement; Voting by Members; Assessment of Fines and Penalties Against Members; Transfer of Real Estate Security by Borrowing Member

§ 5-16-14 Directors, Officers and Employees

§ 5-16-15 Books, Records and Accounts

§ 5-16-16 Capital and Accounts

§ 5-16-17 Reserve Accounts; Interest Due and Accrued Account

§ 5-16-18 Undivided Profits Account

§ 5-16-19 Dividends

§ 5-16-20 Repurchase of Accounts

§ 5-16-21 Redemption of Accounts

§ 5-16-22 Issuance of Duplicate Membership Certificates

§ 5-16-23 Issuance, Etc., of Certificates of Indebtedness; Receipt of Public Deposits; Payment of Guaranteed Rate of Interest

§ 5-16-24 Powers Generally

§ 5-16-25 Real Estate Loans

§ 5-16-26 Liens on Accounts; Pledges of Accounts as Security for Loans

§ 5-16-27 Adoption, Etc., of Bonus Plans and Payment of Cash Bonuses on Accounts; Bonus Reserve Account

§ 5-16-28 Sales, Transfers, or Exchanges of Assets

§ 5-16-29 Mergers

§ 5-16-30 Conversions

§ 5-16-31 Reorganizations

§ 5-16-32 Voluntary Liquidation - Procedure Generally

§ 5-16-33 Voluntary Liquidation - Remittance of Unclaimed Dividends and Share Accounts by Receiver, Etc.; Payment of Creditors and Investors by Commissioner

§ 5-16-34 Voluntary Liquidation - Certification and Transmittal of Unclaimed Funds to State Treasurer

§ 5-16-35 Voluntary Liquidation - Payment of Creditors or Investors by State Treasurer

§ 5-16-36 Reports, Examinations and Audits

§ 5-16-37 Conservatorship; Involuntary Liquidation

§ 5-16-38.1 Assessment Fees

§ 5-16-39 Foreign Corporations Not to Transact Business in State; Privileges, Etc., of Federal Savings and Loan Associations

§ 5-16-40 Sales of Accounts

§ 5-16-41 Acknowledgment, Etc., of Instruments by Public Officers Employed by Associations, Etc

§ 5-16-42 Operating or Management Contracts

§ 5-16-43 Accounts of Minors, Married Women, Joint Owners and Fiduciaries; Investments in Accounts of Associations

§ 5-16-44 Deposit in Names of Two Persons, Payable to Either or Survivor - How Payable; When Construed as Belonging to Survivor

§ 5-16-45 Deposit in Names of Two Persons, Payable to Either or Survivor - Title to Deposit Upon Death of Either

§ 5-16-46 Disposition of Account of Deceased Person

§ 5-16-47 Disposition of Deposit in Trust for Another Upon Death of Trustee

§ 5-16-48 Engaging in Mortgage Brokerage Business; Purchase of Loans; Origination, Purchase and Sale of Mortgages

§ 5-16-49 Forms

§ 5-16-50 Deposits with State Treasurer, Etc., of Securities Issued by Associations

§ 5-16-51 Associations Empowered to Enter into Contracts, Etc., for Insurance of Accounts, Etc

§ 5-16-52 State Associations May Make Contracts, Loans or Investments Available to Federal Savings and Loan Associations

§ 5-16-53 Termination of Status as Insured Corporation

Chapter 17 Credit Unions

Article 1 General Provisions

§ 5-17-1 “Credit Union” Defined

§ 5-17-2 Procedure for Organization and Incorporation

§ 5-17-3 Use of Words “Credit Union” in Name or Title

§ 5-17-4 Powers Generally

§ 5-17-5 Membership

§ 5-17-6 Withdrawal of Members; Expulsion for Cause; Termination of Membership; Readmission

§ 5-17-7 Operating Fees; Fee Filed with Certificate of Organization

§ 5-17-8 Reports to Administrator of Alabama Credit Union Administration; Powers of Administrator

§ 5-17-8.1 Investigatory and Enforcement Powers of Administrator, Board, Designee, Etc

§ 5-17-9 Fiscal Year; Meetings of Members; Amendment of Bylaws

§ 5-17-10 Election of Board of Directors, Credit Committee, and Supervisory Committee

§ 5-17-11 Election of Officers; Duties of Officers and Directors; Compensation; Liability

§ 5-17-12 Powers and Duties of Credit Committee

§ 5-17-13 Powers and Duties of Supervisory Committee

§ 5-17-14 Capital; Lien on Shares and Deposits of Members; Entrance Fee

§ 5-17-15 Deposits for Minor or Trust Beneficiaries; Deposits in Names of Two Persons

§ 5-17-16 Disposition of Shares or Deposit Account of Deceased Person

§ 5-17-17 Loans to Members, Directors, Officers, Etc

§ 5-17-18 Interest Rates and Finance Charges on Loans; Late Charge

§ 5-17-19 Insurance and Reserves

§ 5-17-20 Dividends

§ 5-17-21 Voluntary Dissolution

§ 5-17-22 Merger and Conversion Procedures

§ 5-17-23 Change of Place of Business

§ 5-17-24 Taxation

§ 5-17-25 Alabama Credit Union League - Advance Payment of Dues by Member Credit Unions

§ 5-17-26 Alabama Credit Union League - Issuance of Advance Dues Certificates to Member Credit Unions

§ 5-17-27 Alabama Credit Union League - Amortization of Credit Represented by Advance Dues Certificate

§ 5-17-28 Alabama Credit Union League - Redemption and Purchase of Advance Dues Certificate Upon Dissolution, Etc., of Member Credit Union

§ 5-17-29 Penalties - Concealment of Discounts or Loans

§ 5-17-30 Penalties - Overdraws; Receipt of Commission, Emolument, Etc., for Procuring Loans

§ 5-17-31 Penalties - Receipt of Property Other Than in Payment for Just Demand

§ 5-17-32 Penalties - False or Omitted Entries

Article 2 Alabama Credit Union Administration

§ 5-17-40 Alabama Credit Union Administration Created; Functions; Transfer of Authority Previously Vested in State Banking Department

§ 5-17-41 Administrator - Appointment; Vacancy; Eligibility

§ 5-17-42 Administrator - Oath; Bond

§ 5-17-43 Official Seal; Use of Sealed Papers as Evidence; Recording

§ 5-17-44 Removal from Office of Administrator or Board Member

§ 5-17-45 Legislative Findings; Powers of Credit Unions; Agreements; Reports

§ 5-17-46 Policies, Regulations, and Interpretations; Review for Ratification; Procedure for Adopting, Amending or Repealing

§ 5-17-47 Procedure for Adopting, Amending, or Repealing Regulations and Interpretations; Contesting Regulations

§ 5-17-48 Annual Report; Public Distribution of Report and Other Material

§ 5-17-49 Violations to Be Submitted to Grand Jury

§ 5-17-50 Employment and Compensation of Necessary Personnel; Assistant Administrator

§ 5-17-51 Immunity from Personal Liability

§ 5-17-52 Oath and Duties of Examiner

§ 5-17-53 Furnishing of Commission to Examiner; Exhibit to Credit Union Upon Making Examination

§ 5-17-54 Bond of Alabama Credit Union Administration Employees

§ 5-17-55 Credit Union Board Created; Composition; Appeals

§ 5-17-56 Meetings; Executive Sessions; Confidential Information

§ 5-17-57 Quorum

§ 5-17-58 Compensation and Expenses of Board Members

§ 5-17-59 Applicability of Alabama Business Corporation Act

§ 5-17-60 Confidentiality of Conditions and Affairs of Credit Unions; Disclosures

Chapter 18 Small Loans

§ 5-18-1 Short Title

§ 5-18-2 Legislative Findings of Fact and Declaration of Intent

§ 5-18-3 Definitions

§ 5-18-4 License - Required; Exemptions; Penalties for Violation of Section

§ 5-18-5 License - Application; Fees; Disposition of Fees

§ 5-18-6 License - Investigation of Application; Issuance or Denial of License

§ 5-18-7 License - Contents; Posting; Continuing Effect

§ 5-18-8 License - Place of Business of Licensee

§ 5-18-9 License - Revocation, Suspension, Etc.; Investigation of Complaints

§ 5-18-10 Examinations of Licensees; Investigations; Enforcement Powers of Supervisor

§ 5-18-11 Books, Accounts and Records of Licensees; Annual Report

§ 5-18-12 Promulgation of Rules, Regulations and Orders by Supervisor; Furnishing of Certified Copies of Licenses, Regulations or Orders

§ 5-18-13 Advertising; Schedule of Charges

§ 5-18-14 Conduct of Other Business in Office of Licensee; Loan Business Confined to Licensed Offices; Acceptance of Liens on Real Estate as Security for Loans

§ 5-18-15 Interest Rates, Charges, and Fees

§ 5-18-15.1 Additional Late Payment Charge

§ 5-18-16 Duties of Licensees as to Making and Payment of Loans

§ 5-18-17 Insurance in Connection with Credit Transaction

§ 5-18-18 Charges, Rates, Etc., as to Certain Loans

§ 5-18-19 Collection of Loans Made Outside State

§ 5-18-20 Review of Orders, Etc., of Supervisor

§ 5-18-21 Enforceability of Provisions and Agreements Which Violate Chapter; Liability of Licensee for Actual Damage

§ 5-18-22 Modification, Amendment or Repeal of Chapter

§ 5-18-23 Maintenance of Listing of Licensees Doing Business in State; Public Access to Reports, Etc

Chapter 18A Deferred Presentment Services Act

§ 5-18A-1 Short Title; Purpose

§ 5-18A-2 Definitions

§ 5-18A-3 License - Required; Applicability

§ 5-18A-4 License - Qualifications

§ 5-18A-5 License - Application

§ 5-18A-6 License - Fees; Financial Statement

§ 5-18A-7 License - Issuance; Display; Payment of Fees; Surrender

§ 5-18A-8 License - Change of Control

§ 5-18A-9 Circumstances Requiring Written Report

§ 5-18A-10 Rules and Regulations; Judicial Review

§ 5-18A-11 Maintenance of Business Records; Notice of Intent to Conduct Business in Conjunction with Other Business; Examination of Place of Business

§ 5-18A-12 Transaction Fees; Renewal or Extension; Repayment; Bad Check Charge

§ 5-18A-13 Duties of Licensee

§ 5-18A-14 Denial of Application; Hearing

§ 5-18A-15 Suspension or Revocation of License; Hearing

§ 5-18A-16 Violations of Chapter

§ 5-18A-17 Consent Orders; Civil or Criminal Penalties; Extraordinary Circumstances

§ 5-18A-18 Written Complaint; Investigation; Compliance with Subpoena

§ 5-18A-19 Public Notice of Provisions

§ 5-18A-20 Excessive Charges

§ 5-18A-21 Disposition of Funds

§ 5-18A-22 Claims Preceding Effective Date of Chapter

Chapter 19 Consumer Finance

§ 5-19-1 Definitions

§ 5-19-1.1 Legislative Findings

§ 5-19-3 Maximum Finance Charges; Contracting for Minimum Finance Charge; Alternate Per Month Computed Finance Charge

§ 5-19-4 Additional Charges for Default or Deferral; Prepayment; Renewal or Refinancing; Real Property Transactions

§ 5-19-5 Acceptance of Negotiable Instruments as Evidence of Consumer Debt

§ 5-19-6 Copies of Instruments Signed by Debtors to Be Furnished to Debtors; Required Statement in Contracts, Etc.; Limitation on Disclosure Requirements; Intent, Applicability of Limitation

§ 5-19-7 Right to Refinance Amount of Certain Scheduled Payments

§ 5-19-8 Assignee of Seller Subject to Claims and Defenses of Buyer

§ 5-19-9 Application of Payments When Buyer Indebted to Same Seller for Two or More Consumer Credit Sales

§ 5-19-10 Contract Provisions for Attorney’s Fees

§ 5-19-12 Buyer’s Right to Cancel Home Solicitation Sale

§ 5-19-13 Repossession or Acceptance of Surrender of Goods Priced at One Thousand Dollars or Less

§ 5-19-14 Rebates or Discounts, Etc., as Inducement for Aiding Sale to Another Prohibited

§ 5-19-15 Garnishment

§ 5-19-16 Refusal by Court to Enforce Unconscionable Agreement

§ 5-19-17 Inducing Obligation on More Than One Contract in Order to Obtain Higher Finance Charge Prohibited; Consolidation of Existing Precomputed Consumer Credit Transaction Contract and Subsequent Precomputed Consumer Credit Transaction

§ 5-19-18 Installment Payment of Debt of One Thousand Dollars or Less

§ 5-19-19 Liabilities of Creditor Making Excess Finance Charge; Failure to Obtain License; Damages for Deliberate Violation or Reckless Disregard; Written Notice of Violations; Oral Statements Not Admissible; Fiduciary Duty Not Created

§ 5-19-20 Insurance

§ 5-19-21 Administrator Authorized to Make Rules and Regulations; Filing Notice of Intended Action with Legislative Reference Service; Transactions Entered into After May 20, 1996

§ 5-19-22 License to Engage in Business of Making Consumer Loans or Taking Assignments of Consumer Credit Contracts - Required; Exceptions; Application; Investigation; Standards for Issuance; Hearing; Licensing Under Small Loan Act; Fees; Participation in Nationwide Mortgage Licensing System and Registry

§ 5-19-23 License to Engage in Business of Making Consumer Loans or Taking Assignments of Consumer Credit Contracts - Revocation or Suspension

§ 5-19-24 Examinations and Investigations of Licensees by Administrator

§ 5-19-25 Cease and Desist Orders by Administrator; Penalties for Violation of This Chapter; Right to Counsel at Hearing; Judicial Review

§ 5-19-26 Appeals to Circuit Court from Order of Administrator; Appeals from Decision of Circuit Court

§ 5-19-29 Injunctions

§ 5-19-30 Penalty for Violations

§ 5-19-31 Nonapplicability of Chapter to Certain Transactions; Certain Laws Not Repealed or Amended

§ 5-19-32 Service Contracts

§ 5-19-33 Account Maintenance Fee

Chapter 19A Alabama Pawnshop Act

§ 5-19A-1 Short Title

§ 5-19A-2 Definitions

§ 5-19A-3 Pawnbroker to Enter on Pawn Ticket Record of Information

§ 5-19A-4 Certain Information to Be Printed on Pawn Tickets

§ 5-19A-5 Statement Verifying Pledgor Is Rightful Owner of Goods; Pawnbroker to Maintain Record of Transactions; Goods to Be Maintained on Premises for Certain Number of Days Before Resale

§ 5-19A-6 Redemption or Automatic Forfeiture of Pledged Goods

§ 5-19A-7 Pawnshop Charge; Amounts in Excess of Pawnshop Charge

§ 5-19A-8 Certain Acts by Pawnbrokers Prohibited

§ 5-19A-9 Pledgor Presenting Pawn Ticket Entitled to Redeem or Repurchase Goods; Lost or Damaged Pledged Goods in Possession of Pawnbroker; Lost, Destroyed, or Stolen Pawn Ticket

§ 5-19A-10 Liens for Pawnbrokers; Pledged Goods Not Redeemed on or Before Maturity Date Fixed in Ticket

§ 5-19A-11 Licensing Generally; Annual Fee; Temporary License; When New License Not Required Upon Change in Ownership

§ 5-19A-12 Eligibility for Pawnshop License; Application Fee

§ 5-19A-13 Suspension or Revocation of License; Notice and Hearing; Surrender of License

§ 5-19A-14 Application for New Pawnshop License, Transfer of Existing License, Etc

§ 5-19A-15 No Confiscation of Property Pledged to Pawnbroker If Property May Be Put on Seven-Day Hold; When Property May Be Placed on Hold

§ 5-19A-16 Penalties for Failure to Secure License

§ 5-19A-17 Penalties for Willful Violation of Chapter or for False Entry in Required Records; Compliance Enforced by Supervisor; Order Requiring Person to Refrain from Violation

§ 5-19A-18 Department of Public Safety to Supply Available Arrest and Conviction Records

§ 5-19A-19 Ordinances to Be in Compliance with but Not More Restrictive Than Chapter

§ 5-19A-20 Pawnbrokers to Be Subject to Licensing and Issuance Fees Under Chapter 12 of Title 40; Chapter Not to Repeal Uniform Commercial Code

Chapter 20 Alabama Credit Card Act

§ 5-20-2 Short Title

§ 5-20-3 Definitions

§ 5-20-4 Establishment or Acquisition of a Credit Card Bank

§ 5-20-5 Charges, Rates, and Fees

§ 5-20-6 Application for Approval; Filing Fee

§ 5-20-7 Supervision and Enforcement

§ 5-20-8 Applicable Law

§ 5-20-9 Severability

§ 5-20-10 Construction with Other Laws; Repeal of Conflicting Laws

Chapter 21 George Wallace, Jr., Plan for Linked Deposits of 1988

§ 5-21-1 Short Title

§ 5-21-2 Legislative Purpose

§ 5-21-3 Definitions

§ 5-21-4 Creation of Plan; Term and Return Rate of Deposits

§ 5-21-5 Amounts of Loans; Eligibility

§ 5-21-6 Restriction of Fees or Charges

§ 5-21-7 Interest Rates

§ 5-21-8 Agreements Between State and Eligible Lending Institutions in Writing; Specific Terms, Conditions, Etc., Included

§ 5-21-9 Participation in Plan; Application

§ 5-21-10 Annual Report

§ 5-21-11 Effective Date; Termination Date

Chapter 22 Reports of Transactions Involving Currency

§ 5-22-1 Purpose

§ 5-22-2 Definitions

§ 5-22-3 Record of Currency Transactions; Report on Written Request; When No Longer Required; Compliance with Federal Law Sufficient; Multiple Transactions; Disclosures

§ 5-22-4 Effect of Federal Exemptions

§ 5-22-5 When Reports May Be Disclosed

§ 5-22-6 Criminal Penalties

§ 5-22-7 Immunity from Liability

§ 5-22-8 Recoupment of Costs Not Authorized

Chapter 23 State Sponsorship of Financial Institution Credit Card

§ 5-23-1 Definitions

§ 5-23-2 State Participation in Financial Institution Credit Card Program; Contact with Financial Institutions

§ 5-23-3 Negotiation of State’s Fee; Contracts with Financial Institutions; Use of State Seal and Insignia

§ 5-23-4 Proceeds

§ 5-23-5 Rules and Regulations

§ 5-23-6 Disclosure of Information

Chapter 24 Uniform Multiple-Person Accounts Act

Article 1 Definitions and General Provisions

§ 5-24-1 Definitions

§ 5-24-2 Scope of Chapter

§ 5-24-3 Types of Account; Existing Accounts

§ 5-24-4 Forms

§ 5-24-5 Designation of Agent

§ 5-24-6 Applicability of Chapter

Article 2 Ownership as Between Parties and Others

§ 5-24-11 Ownership During Lifetime

§ 5-24-12 Rights at Death

§ 5-24-13 Alteration of Rights

§ 5-24-14 Accounts and Transfers Nontestamentary

§ 5-24-15 Rights of Creditors and Others

Article 3 Protection of Financial Institutions

§ 5-24-21 Authority of Financial Institution

§ 5-24-22 Payment on Multiple-Party Account

§ 5-24-23 Payment on Pod Designation

§ 5-24-24 Payment to Designated Agent

§ 5-24-25 Payment to Minor

§ 5-24-26 Discharge

§ 5-24-27 Set-Off

Article 4 Short Title, Construction, Transitional Provisions

§ 5-24-31 Short Title

§ 5-24-32 Uniformity of Application and Construction

§ 5-24-33 Supplementary General Principles of Law Applicable

§ 5-24-34 Transitional Provisions

Chapter 25 Mortgage Brokers Licensing Act

§ 5-25-1 Short Title

§ 5-25-2 Definitions

§ 5-25-3 Persons Excluded

§ 5-25-4 License to Transact Business as a Mortgage Broker

§ 5-25-5 Application for License

§ 5-25-6 Issuance of License

§ 5-25-7 Expiration and Renewal

§ 5-25-8 License Requirements

§ 5-25-9 Maintenance and Examination of Records, Etc

§ 5-25-10 Annual Report

§ 5-25-11 Principal Place of Business; Branch Office

§ 5-25-12 Disclosure by Licensee; Prohibited Activities

§ 5-25-13 Rules and Regulations

§ 5-25-14 Denial, Suspension, or Revocation of License

§ 5-25-15 Appeal

§ 5-25-16 Enforcement and Penalties

§ 5-25-17 Violations of Chapter

§ 5-25-18 Disposition of Funds

Chapter 26 Alabama Secure and Fair Enforcement for Mortgage Licensing Act of 2009

§ 5-26-1 Short Title

§ 5-26-2 Legislative Findings

§ 5-26-3 Definitions

§ 5-26-4 License and Registration Required

§ 5-26-5 State License and Registration Application and Issuance

§ 5-26-6 Issuance of License

§ 5-26-7 Pre-licensing Education of Loan Originators

§ 5-26-8 Testing of Loan Originators

§ 5-26-9 Standards for License Renewal

§ 5-26-10 Continuing Education for Mortgage Loan Originators

§ 5-26-11 Authority to Require License

§ 5-26-12 Nationwide Mortgage Licensing System and Registry Information Challenge Process

§ 5-26-13 Enforcement Authorities, Violations, and Penalties

§ 5-26-14 Surety Bond Required

§ 5-26-15 Confidentiality

§ 5-26-16 Investigation and Examination Authority

§ 5-26-17 Prohibited Acts and Practices

§ 5-26-18 Mortgage Call Reports

§ 5-26-19 Report to Nationwide Mortgage Licensing System and Registry

§ 5-26-20 Unique Identifier Shown

Chapter 27 Savings Promotion Contest

§ 5-27-1 Legislative Findings

§ 5-27-2 Definitions

§ 5-27-3 Savings Promotion Contest Authorized; Conditions

§ 5-27-4 Oversight

§ 5-27-5 Construction; Limitation on Prizes or Awards

Chapter 28 LIBOR Discontinuance and Labor Replacement Act of 2021

§ 5-28-1 Short Title

§ 5-28-2 Definitions

§ 5-28-3 Recommended Benchmark Replacement for Certain Contracts, Securities, or Instruments; Fallback Provisions

§ 5-28-4 Construction and Effect of Selection or Use of a Recommended Benchmark Replacement; Liability

§ 5-28-5 Severability

Chapter 29 Second Amendment Financial Privacy Act

§ 5-29-1 Short Title

§ 5-29-2 Definitions

§ 5-29-3 Prohibition Against Governmental Entities Creating or Maintaining Registry of Certain Firearms, Etc.; Use of Firearms Codes Prohibited in Certain Circumstances

§ 5-29-4 Violations

Full text is available per section.