Section 5-5A-31 Liability for transactions on legal holidays. - Alabama Statutes

Section 5-5A-31

Liability for transactions on legal holidays.

A bank shall be liable for and chargeable with deposits received and other business transacted on a legal holiday the same as if such deposit were received or business transacted on a legal banking day and shall have the same protection for payment of checks or sight drafts and business on a holiday that it would have if such payments were made and such transactions had on a legal banking day.

(Acts 1980, No. 80-658, §5-5-31.)