Alabama Statutes
§ 5-18A-1 — Short Title; Purpose
This chapter shall be known and may be cited as the “Deferred Presentment Services Act.” The purpose of this chapter is to protect consumers who enter into short-term cash advances from abuses that occur in the marketplace. This chapter shall be liberally construed to effectuate its purpose as a consumer protection statute.
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Related
Hodge v. Money Shop, LLC. (In Re Hodge)
367 B.R. 843 (M.D. Alabama, 2007)
Legislative History
(Act 2003-359, p. 992, §1.)