Alabama § 5-23-2 - State Participation in Financial Institution Credit Card Program; Contact with Financial Institutions.
Full text of Alabama Code of Alabama § 5-23-2 — State Participation in Financial Institution Credit Card Program; Contact with Financial Institutions., with citation guidance and answers to common questions.
§ 5-23-2. State Participation in Financial Institution Credit Card Program; Contact with Financial Institutions.
The State Treasurer is hereby authorized to participate in a financial institution credit card program for the benefit of the state. Within 180 days of April 19, 1990, the Treasurer shall contact as many financial institutions as, in the Treasurer’s discretion is necessary, to determine if:
(1) The financial institution or its holding company or affiliate currently administers a credit card program;
(2) The credit card program provides a fee or commission on retail sales to the sponsoring entity for the issuance and use of the credit card; and
(3) The credit card program would accept the state as a sponsoring entity.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 5-23-2
What does Code of Alabama § 5-23-2 cover?
Section 5-23-2 ("State Participation in Financial Institution Credit Card Program; Contact with Financial 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 § 5-23-2?
A common citation format is "Code of Alabama § 5-23-2" (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 § 5-23-2 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.