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AIB Law & Banking Principles (AIB-3660)

Course Information (Textbook Information Below)

This newly updated AIB course is a foundation on the business law principles underlying banking law as well as a description of the context for and process of creating banking law and regulations. Knowing the basics of business law enables every banker to more easily understand laws pertaining to bank products, services and transactions.

Delivery Options

Self-Study, Instructor-Led Online, and In-Person.

Audience

Personnel who are new to banking or require a refresher course on the legal basis for many banking laws governing products, services and transaction.

Learning Objectives

After successfully completing this program, you will be able to:

• Explain the legal and legislative sources of U.S. banking law and the judiciary's and regulatory agencies' roles in interpreting the law
• Describe the major torts and crimes that affect the banking industry
• Identify the customer relationships of individuals, sole proprietorships, and partnerships, and a bank's legal obligations and responsibilities when transacting business with these customers
• Identify the legal entities of corporations, government agencies, limited liability companies, estates, and trusts, and a bank's legal obligations and responsibilities when transacting business with these entities
• Explain how contractual relationships are formed and enforced and the different elements of contracts
• Describe how property may be acquired, transferred, and owned, and how creditors obtain property interests
• Describe the requirements of negotiable instruments as defined by Uniform Commercial Code Article 3 and other laws
• Describe the parties and their rights in the transfer of negotiable instruments and the legal responsibilities of banks in collections and returns as governed by the UCC and federal regulation
• Explain the legal obligations of banks to act responsibly as businesses and in their dealings with customers

Topics Covered

• Introduction to Law and Banking
• Torts and Crimes
• Individuals, Sole Proprietorships, Agencies, and Partnerships
• Corporations, LLCs, Government Agencies, Estates, and Trusts
• Contracts
• Property
• Negotiable Instruments
• Collections and Returns
• Corporate Responsibility

ACE College Credit Recommendation*

In the lower division baccalaureate/associate degree category, 3 semester hours in Business Law.

*Applicable for Instructor-Led Online course.

Your legal aid for the fundamentals of banking law, this highly informative revised Law & Banking textbook explains and illustrates the basic principles of law and specific laws that affect the business of banking.  you will learn the fundamentals of banking law pertaining to the various areas of banking, from checking negotiation to lending to bank safety and soundness.

This eighteen chapter book supports the courses offered by the American Institute of Banking - Law & Banking: Principles (Chapters 1 through 9) and Law & Banking: Applications (Chapters 10 through 18) and is a great resource for bankers.  Chapters cover the following topics:

Sources of U.S. banking law and the roles of the judiciary and regulatory agencies

Law & Banking supports the AIB Online courses in Law & Banking and may be used to teach Law & Banking in the classroom.

Softbound, 572 pages, 6th Edition, (c) 2008
Catalog #3004226
ISBN 0-89982-612-1
 

For further information, call Southeast Regional CFT (904) 354-4830 or send an e-mail to lisaphillipscft@bellsouth.net

Enrollment Form

Download and print an enrollment form from here, complete and fax to 904-354-1834. www.cft-flsc.org