Terms Used In Alabama Code 5-13B-24

• Alabama state bank: means a bank chartered under the laws of Alabama. See Alabama Code 5-13B-21
• Bank supervisory agency: means :
  (1) The Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, and any successor to these agencies; and
  (2) Any agency of another state with primary responsibility for chartering and supervising banks. See Alabama Code 5-13B-21
• Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
• Interstate merger transaction: means :
  (1) The merger or consolidation of banks with different home states, and the conversion of branches of any bank involved in the merger or consolidation into branches of the resulting bank; or
  (2) The purchase of all or substantially all of the assets, including all or substantially all of the branches, of a bank whose home state is different from the home state of the acquiring bank. See Alabama Code 5-13B-21
• Out-of-state bank: means a bank whose home state is a state other than Alabama. See Alabama Code 5-13B-21
• Resulting bank: means a bank that has resulted from an interstate merger transaction under this article. See Alabama Code 5-13B-21
• State: means any state, territory, or other possession of the United States, including the District of Columbia. See Alabama Code 5-13B-21
• Superintendent: means the Superintendent of Banks then in office and, where appropriate, all of his or her successors and predecessors in office. See Alabama Code 5-13B-21