§ 5-10A-1 Authorization or direction of banks to postpone paying liabilities, segregate deposits and assets, renew loans, etc
§ 5-10A-2 Promulgation of rules and regulations; requirements of reports, etc., generally
§ 5-10A-3 Declaration of banking holidays; promulgation of emergency rules or regulations
§ 5-10A-4 Extension, etc., of banking holiday or emergency rules or regulations
§ 5-10A-5 Sections 5-10A-1 through 5-10A-4 applicable only in emergencies; duration of emergency action
§ 5-10A-6 Operation of banks under federal laws
§ 5-10A-7 Payment of expenses of bank operating without receivership liquidation
§ 5-10A-8 Segregation of assets – Manner of segregation generally; distribution of segregated assets upon receivership liquidation of bank
§ 5-10A-9 Segregation of assets – Manners of segregation
§ 5-10A-10 Segregation of assets – Commingling of items in classes of deposits
§ 5-10A-11 Segregation of assets – Adjustments; identification of segregated items
§ 5-10A-12 Discharge of deposits of script, clearinghouse certificates or emergency currency
§ 5-10A-13 Issuance and reissuance of script, clearinghouse certificates or emergency currency
§ 5-10A-14 Issuance of notes or certificates of indebtedness as evidence of compensation for services or labor during banking emergency
§ 5-10A-15 Authorization and approval of reorganization of bank without receivership liquidation
§ 5-10A-16 Compliance with chapter, federal laws, etc., not to entail liability
§ 5-10A-17 Officers not to incur liability or penalties for compliance with orders of superintendent, federal laws, etc

Terms Used In Alabama Code > Title 5 > Chapter 10A

  • Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • Legal tender: coins, dollar bills, or other currency issued by a government as official money. Source: U.S. Mint