Section 5-22-4 Effect of federal exemptions. - Alabama Statutes

Section 5-22-4

Effect of federal exemptions.

All exemptions from recordkeeping and reporting requirements under the federal monetary transaction records and reports requirement shall be available to financial institutions under this chapter. This chapter shall not require any recordkeeping or reporting of currency transactions other than those required by the federal monetary transaction records and reports requirement.

(Acts 1990, No. 90-469, p. 674, §4.)