Section 5-11A-2 - Written approval of superintendent to conduct trust business.

AL Code § 5-11A-2 (2019) (N/A)
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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.