Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 5-11a-2 — Alabama Law | CourtGPT
  1. Home/
  2. Laws/
  3. Alabama/
  4. Title 5 - Banks and Financial Institutions/
  5. Chapter 11a - Regulation of Trust Business of Banks and Trust Companies/
  6. Article 1 - General Provisions/
  7. § 5-11a-2
Alabama Legal Code

§ 5-11a-2

Ask AI about this
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.