Alabama § 5-2A-10 - Superintendent - Make Good Any Impairment of Capital.
Full text of Alabama Code of Alabama § 5-2A-10 — Superintendent - Make Good Any Impairment of Capital., with citation guidance and answers to common questions.
§ 5-2A-10. Superintendent - Make Good Any Impairment of Capital.
Whenever the superintendent shall have reason to believe that the capital of any bank is impaired, he may in his discretion require such bank to make good the deficit by the date specified by him, which requirement shall be in writing. The superintendent may cause the affairs of any such bank to be examined to ascertain the amount of such impairment and whether the deficiency has been made good as required by law.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 5-2A-10
What does Code of Alabama § 5-2A-10 cover?
Section 5-2A-10 ("Superintendent - Make Good Any Impairment of Capital.") 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 § 5-2A-10?
A common citation format is "Code of Alabama § 5-2A-10" (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 § 5-2A-10 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.