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U.S. State Codes
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Alabama
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Title 5 - Banks and Financi...
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Chapter 17 - Credit Unions.
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Article 2 - Alabama Credit Union Administration.
Article 2 - Alabama Credit Union Administration.
Section 5-17-40 - Alabama Credit Union Administration created; functions; transfer of authority previously vested in State Banking Department.
Section 5-17-41 - Administrator - Appointment; vacancy; eligibility.
Section 5-17-42 - Administrator - Oath; bond.
Section 5-17-43 - Official seal; use of sealed papers as evidence; recording.
Section 5-17-44 - Removal from office of administrator or board member.
Section 5-17-45 - Legislative findings; powers of credit unions; agreements; reports.
Section 5-17-46 - Policies, regulations, and interpretations; review for ratification; procedure for adopting, amending or repealing.
Section 5-17-47 - Procedure for adopting, amending, or repealing regulations and interpretations; contesting regulations.
Section 5-17-48 - Annual report; public distribution of report and other material.
Section 5-17-49 - Violations to be submitted to grand jury.
Section 5-17-50 - Employment and compensation of necessary personnel; assistant administrator.
Section 5-17-51 - Immunity from personal liability.
Section 5-17-52 - Oath and duties of examiner.
Section 5-17-53 - Furnishing of commission to examiner; exhibit to credit union upon making examination.
Section 5-17-54 - Bond of Alabama Credit Union Administration employees.
Section 5-17-55 - Credit Union Board created; composition; appeals.
Section 5-17-56 - Meetings; executive sessions; confidential information.
Section 5-17-57 - Quorum.
Section 5-17-58 - Compensation and expenses of board members.
Section 5-17-59 - Applicability of Alabama Business Corporation Act.
Section 5-17-60 - Confidentiality of conditions and affairs of credit unions; disclosures.