Alabama § 5-11A-30 - Transfer Between Related Institutions.
Full text of Alabama Code of Alabama § 5-11A-30 — Transfer Between Related Institutions., with citation guidance and answers to common questions.
§ 5-11A-30. Transfer Between Related Institutions.
Absent written objection from the Superintendent of the State Banking Department, a bank, trust company or trust department (hereinafter to be known as the “transferor”) may transfer one or more fiduciary accounts administered by such bank, trust company or trust department to another bank, trust company or trust department (hereinafter to be known as the “transferee”); provided, however, that the transferor and transferee banks are related institutions, as that term is hereinafter defined in Section 5-11A-36, and that the transferee bank has trust powers.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 5-11A-30
What does Code of Alabama § 5-11A-30 cover?
Section 5-11A-30 ("Transfer Between Related Institutions.") 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-30?
A common citation format is "Code of Alabama § 5-11A-30" (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-30 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.