Code of Alabama
Chapter 19 - Consumer Finance.
Section 5-19-30 - Penalty for Violations.

A creditor who willfully makes charges in excess of those permitted by Section 5-19-3 or a creditor who willfully engages in the business of making loans in violation of subsection (a) of Section 5-19-22, or both, is guilty of a misdemeanor and, upon conviction, shall be sentenced to pay a fine not exceeding five hundred dollars ($500) or to imprisonment not exceeding one year, or both.

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Structure Code of Alabama

Code of Alabama

Title 5 - Banks and Financial Institutions.

Chapter 19 - Consumer Finance.

Section 5-19-1 - Definitions.

Section 5-19-1.1 - Legislative Findings.

Section 5-19-3 - Maximum Finance Charges; Contracting for Minimum Finance Charge; Alternate per Month Computed Finance Charge.

Section 5-19-4 - Additional Charges for Default or Deferral; Prepayment; Renewal or Refinancing; Real Property Transactions.

Section 5-19-5 - Acceptance of Negotiable Instruments as Evidence of Consumer Debt.

Section 5-19-6 - Copies of Instruments Signed by Debtors to Be Furnished to Debtors; Required Statement in Contracts, etc.; Limitation on Disclosure Requirements; Intent, Applicability of Limitation.

Section 5-19-7 - Right to Refinance Amount of Certain Scheduled Payments.

Section 5-19-8 - Assignee of Seller Subject to Claims and Defenses of Buyer.

Section 5-19-9 - Application of Payments When Buyer Indebted to Same Seller for Two or More Consumer Credit Sales.

Section 5-19-10 - Contract Provisions for Attorney's Fees.

Section 5-19-12 - Buyer's Right to Cancel Home Solicitation Sale.

Section 5-19-13 - Repossession or Acceptance of Surrender of Goods Priced at One Thousand Dollars or Less.

Section 5-19-14 - Rebates or Discounts, etc., as Inducement for Aiding Sale to Another Prohibited.

Section 5-19-15 - Garnishment.

Section 5-19-16 - Refusal by Court to Enforce Unconscionable Agreement.

Section 5-19-17 - Inducing Obligation on More Than One Contract in Order to Obtain Higher Finance Charge Prohibited; Consolidation of Existing Precomputed Consumer Credit Transaction Contract and Subsequent Precomputed Consumer Credit Transaction.

Section 5-19-18 - Installment Payment of Debt of One Thousand Dollars or Less.

Section 5-19-19 - Liabilities of Creditor Making Excess Finance Charge; Failure to Obtain License; Damages for Deliberate Violation or Reckless Disregard; Written Notice of Violations; Oral Statements Not Admissible; Fiduciary Duty Not Created.

Section 5-19-20 - Insurance.

Section 5-19-21 - Administrator Authorized to Make Rules and Regulations; Filing Notice of Intended Action With Legislative Reference Service; Transactions Entered Into After May 20, 1996.

Section 5-19-22 - License to Engage in Business of Making Consumer Loans or Taking Assignments of Consumer Credit Contracts - Required; Exceptions; Application; Investigation; Standards for Issuance; Hearing; Licensing Under Small Loan Act; Fees; Par...

Section 5-19-23 - License to Engage in Business of Making Consumer Loans or Taking Assignments of Consumer Credit Contracts - Revocation or Suspension.

Section 5-19-24 - Examinations and Investigations of Licensees by Administrator.

Section 5-19-25 - Cease and Desist Orders by Administrator; Penalties for Violation of This Chapter; Right to Counsel at Hearing; Judicial Review.

Section 5-19-26 - Appeals to Circuit Court From Order of Administrator; Appeals From Decision of Circuit Court.

Section 5-19-29 - Injunctions.

Section 5-19-30 - Penalty for Violations.

Section 5-19-31 - Nonapplicability of Chapter to Certain Transactions; Certain Laws Not Repealed or Amended.

Section 5-19-32 - Service Contracts.

Section 5-19-33 - Account Maintenance Fee.