Alabama § 5-11A-33 - Objection to Transfer; Hearing on Objection; Appointment of Related Institution as Agent.
Full text of Alabama Code of Alabama § 5-11A-33 — Objection to Transfer; Hearing on Objection; Appointment of Related Institution as Agent., with citation guidance and answers to common questions.
§ 5-11A-33. Objection to Transfer; Hearing on Objection; Appointment of Related Institution as Agent.
(a) Any person given notice pursuant to Section 5-11A-32 may file a written objection to the fiduciary transfer with the Superintendent of the State Banking Department, stating grounds for objection, within 30 days of receipt of notice of the transfer by the person notified pursuant to Section 5-11A-32. The transferor shall then have 30 days to either:
(1) Abandon the transfer of fiduciary accounts to which objection was given and hold such transfer for nought, or
(2) Apply to the State Banking Department for a hearing on the merits of the objection to transfer. After such hearing, the State Banking Department shall either approve or deny the transfer.
(b) Nothing herein shall preclude the transferor from appointing a related bank, trust company or trust department as its agent for the performance of any and all fiduciary obligations as provided in Section 5-11A-37.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 5-11A-33
What does Code of Alabama § 5-11A-33 cover?
Section 5-11A-33 ("Objection to Transfer; Hearing on Objection; Appointment of Related Institution as Agent.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 5-11A-33?
A common citation format is "Code of Alabama § 5-11A-33" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 5-11A-33 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.