Terms Used In Alabama Code 45-43-40

  • state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1

Any bank, either incorporated or unincorporated, whose principal place of business is located in Lowndes County shall have the power to establish, to maintain, and to operate within the limits or boundaries of the county one or more branches or branch banks, branch offices, branch agencies, additional offices, or branch places of business for the receipt of deposits, payment of checks, lending of money, and the conduct of a general banking business, provided that such bank, before establishment of any such branch or branches, shall first secure the written consent of the State Superintendent of Banks.