Section 5-13B-108 Disclosure of lack of deposit insurance. - Alabama Statutes

Section 5-13B-108

Disclosure of lack of deposit insurance.

Each foreign bank which is licensed to establish and maintain an Alabama state branch or Alabama state agency shall, in a manner established by the superintendent by regulation or order, give notice that deposits and credit balances in such office are not insured by the Federal Deposit Insurance Corporation.

(Acts 1995, No. 95-115, p. 134, §56.)