Terms Used In Alabama Code 5-3A-11

  • Grand jury: agreement providing that a lender will delay exercising its rights (in the case of a mortgage,
  • Subpoena: A command to a witness to appear and give testimony.

All reports of examination, records reflecting action of a bank or bank holding company, or affiliate of either, taken pursuant thereto, and records and minutes of meetings of the Banking Board relating to a bank or several banks or a bank holding company, or affiliate of either, shall be confidential and shall not be subject to subpoena or inspection except by subpoena from a grand jury served on the superintendent.