Frequently Asked Questions
Answers to the most commonly asked questions about Alabama Farm Credit are below. If you have questions not covered in our FAQs, please contact us.
The Organization
Our success is your success and, as such, we will always have your best interests in mind.
What happens to the stock if the association is liquidated?
Question :
What happens to the stock if the association is liquidated?
If the association is liquidated, the law prohibits stock retirements until the assets of the association are used to meet its liabilities. The remaining assets after the liquidation is completed are all divided on a pro-rata basis among current stockholders, according to the proportion of stock they own.
Voting Stock
We support the cooperative principle of sharing our success with our members.
What happens to the stock if the association is liquidated?
Question :
What happens to the stock if the association is liquidated?
If the association is liquidated, the law prohibits stock retirements until the assets of the association are used to meet its liabilities. The remaining assets after the liquidation is completed are all divided on a pro-rata basis among current stockholders, according to the proportion of stock they own.
Our Loans
Our loan programs are customized to meet the needs of borrowers just like you.
What happens to the stock if the association is liquidated?
Question :
What happens to the stock if the association is liquidated?
If the association is liquidated, the law prohibits stock retirements until the assets of the association are used to meet its liabilities. The remaining assets after the liquidation is completed are all divided on a pro-rata basis among current stockholders, according to the proportion of stock they own.
The Mobile App
Download our ios or android app for more access to your loan information.
What happens to the stock if the association is liquidated?
Question :
What happens to the stock if the association is liquidated?
If the association is liquidated, the law prohibits stock retirements until the assets of the association are used to meet its liabilities. The remaining assets after the liquidation is completed are all divided on a pro-rata basis among current stockholders, according to the proportion of stock they own.
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