Ala. Code § 5-11A-2
Current through the 2024 Regular Session.
No bank shall have the right to operate or conduct a trust department or become a trustee or a fiduciary without having received the prior written approval of the superintendent and otherwise complied with Section 5-11A-1, even though the certificate of incorporation of the bank might contain language covering such authority.
Ala. Code § 5-11A-2 (1975)