Creditors of the Deposit Savings Association of Mobile, Ala.

by United States. Congress. House

Publisher: [s.n.] in Washington

Written in English
Published: Downloads: 188
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  • United States. -- Congress -- Private bills,
  • Bills, Private -- United States,
  • United States -- Claims
  • Edition Notes

    Other titlesRelief of creditors of Deposit Savings Association, Mobile, Alabama
    ContributionsUnited States. Congress. House. Committee on Claims
    The Physical Object
    FormatElectronic resource
    Pagination2 p.
    ID Numbers
    Open LibraryOL16065965M

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Creditors of the Deposit Savings Association of Mobile, Ala. by United States. Congress. House Download PDF EPUB FB2

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A national bank's or savings association's total outstanding loans and extensions of credit to one borrower may not exceed 15 percent of the bank's or savings association's capital and surplus, plus an additional 10 percent of the bank's or savings association's capital and surplus, if the amount that exceeds the bank's or savings association's.

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55, So. (), the Alabama Supreme Court stated that "where a conveyance is made under such circumstances that the result must necessarily be to hinder and delay existing creditors, it will be presumed that such was the intent of the grantor in making it.".