Ala. Code § 11-51-131

Current through the 2024 Regular Session.
Section 11-51-131 - Savings and loan associations

Municipalities may levy a license on savings and loan associations in proportion to the amount paid in on nonwithdrawable shares, reserves, and undivided profits of the association upon the same schedule as is provided for banks and none other.

Ala. Code § 11-51-131 (1975)

Acts 1931, No. 159, p. 218; Code 1940, T. 37, §748.