Section 5-14A-5 Applicable law. - Alabama Statutes

Section 5-14A-5

Applicable law.

Any southern region savings and loan holding company or southern region savings institution which controls an Alabama savings institution or Alabama savings and loan holding company shall be subject to such laws of this state and to the rules of the commissioner relating to the acquisition, ownership, and operation of Alabama savings institutions and savings and loan holding companies as are applicable to Alabama savings institutions and Alabama savings and loan holding companies.

(Acts 1987, No. 87-152, p. 207, §5.)