Alabama Code § 5-11A-3

Capital Stock Requirements for Trust Companies
Open in Lexace · Ask the AI about this section
No trust company hereafter organized under the laws of Alabama shall have total initial capital accounts actually paid in of less than $1,000,000.00.

‹ Prev All Alabama sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.