Alabama § 10A-20-7.18 - Annual Examination and Reports.
Full text of Alabama Code of Alabama § 10A-20-7.18 — Annual Examination and Reports., with citation guidance and answers to common questions.
§ 10A-20-7.18. Annual Examination and Reports.
The corporation shall be examined at least once annually by a certified public accountant and shall file reports of its condition annually with the Secretary of State, who in turn shall make copies of the reports available to the Governor. The corporation shall pay the actual cost of the examinations. The Alabama Banking Code applies where the code is not in conflict with this article.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 10A-20-7.18
What does Code of Alabama § 10A-20-7.18 cover?
Section 10A-20-7.18 ("Annual Examination and Reports.") 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 § 10A-20-7.18?
A common citation format is "Code of Alabama § 10A-20-7.18" (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 § 10A-20-7.18 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.