Alabama § 5-6A-22 - Overdrawing Own Account; Receipt of Commissions, Etc., to Procure Loans, Discounts, Etc.
Full text of Alabama Code of Alabama § 5-6A-22 — Overdrawing Own Account; Receipt of Commissions, Etc., to Procure Loans, Discounts, Etc., with citation guidance and answers to common questions.
§ 5-6A-22. Overdrawing Own Account; Receipt of Commissions, Etc., to Procure Loans, Discounts, Etc.
Any officer, director, or employee of a bank who willfully and knowingly overdraws his account with such bank and thereby obtains money or funds of any such bank except as the superintendent shall allow by regulation, or asks, receives, consents or agrees to receive any commission, emolument, gratuity, or reward or any promise of any commission, emolument or reward, or any money, property or thing of value or of personal advantage in procuring or endeavoring to procure for any person, firm or corporation any loan from or the purchase or discount of any paper, note, draft, check or bill of exchange by any such bank is guilty of a misdemeanor.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 5-6A-22
What does Code of Alabama § 5-6A-22 cover?
Section 5-6A-22 ("Overdrawing Own Account; Receipt of Commissions, Etc., to Procure Loans, Discounts, Etc.") 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 § 5-6A-22?
A common citation format is "Code of Alabama § 5-6A-22" (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 § 5-6A-22 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.