Code of Alabama
Title 5 - Banks and Financial Institutions.
Chapter 18A - Deferred Presentment Services Act.

Section 5-18A-1 - Short Title; Purpose. - This chapter shall be known and may be cited as...

Section 5-18A-2 - Definitions. - As used in this chapter, the following terms shall have...

Section 5-18A-3 - License - Required; Applicability. - (a) On or after January 1, 2004, no person shall...

Section 5-18A-4 - License - Qualifications. - (a) Each applicant for a license shall satisfy all of...

Section 5-18A-5 - License - Application. - Each application for a license shall be in writing and...

Section 5-18A-6 - License - Fees; Financial Statement. - Each application for a license shall be accompanied by all...

Section 5-18A-7 - License - Issuance; Display; Payment of Fees; Surrender. - (a) Upon the filing of an application in the form...

Section 5-18A-8 - License - Change of Control. - The prior written approval of the supervisor shall be required...

Section 5-18A-9 - Circumstances Requiring Written Report. - Within 15 days of the occurrence of any one of...

Section 5-18A-10 - Rules and Regulations; Judicial Review. - (a) The supervisor may promulgate reasonable rules and regulations for...

Section 5-18A-11 - Maintenance of Business Records; Notice of Intent to Conduct Business in Conjunction With Other Business; Examination of Place of Business. - (a) Each licensee shall keep and use in its business...

Section 5-18A-12 - Transaction Fees; Renewal or Extension; Repayment; Bad Check Charge. - (a) Subject to the following subsections, every licensee under this...

Section 5-18A-13 - Duties of Licensee. - (a) A licensee may not knowingly enter into a deferred...

Section 5-18A-14 - Denial of Application; Hearing. - (a) If the supervisor determines that an applicant is not...

Section 5-18A-15 - Suspension or Revocation of License; Hearing. - (a) The supervisor may, after notice and hearing, suspend or...

Section 5-18A-16 - Violations of Chapter. - If, after a hearing, the supervisor finds that a person...

Section 5-18A-17 - Consent Orders; Civil or Criminal Penalties; Extraordinary Circumstances. - (a) The supervisor may enter into consent orders at any...

Section 5-18A-18 - Written Complaint; Investigation; Compliance With Subpoena. - (a) Any person aggrieved by the conduct of a licensee...

Section 5-18A-19 - Public Notice of Provisions. - Every licensee shall conspicuously post a sign, as designed by...

Section 5-18A-20 - Excessive Charges. - Any person who willfully makes charges in excess of those...

Section 5-18A-21 - Disposition of Funds. - All license fees and administrative penalties collected under this chapter...

Section 5-18A-22 - Claims Preceding Effective Date of Chapter. - The provisions of this chapter shall not be construed to...