Alabama Statutes

§ 5-18A-15 — Suspension or Revocation of License; Hearing

Alabama·Title 5 Banks and Financial Institutions·Ch. 18A Deferred Presentment Services Act
(a)The supervisor may, after notice and hearing, suspend or revoke any license if the supervisor finds that the licensee has knowingly or through lack of due care committed any of the following actions:
(1)Failed to pay the annual license fee imposed by this chapter or an examination fee imposed by the supervisor under the authority of this chapter.
(2)Committed fraud, engaged in a dishonest activity, or made misrepresentations.
(3)Violated a provision of this chapter, an administrative regulation issued pursuant to this chapter, or has violated any other law in the course of its or his or her dealings as a licensee.
(4)Made a false statement in the application for the license or failed to give a true reply to a question in the application.
(5)Demonstrated incompetence or untrustwort

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Legislative History

(Act 2003-359, p. 992, §15.)

Nearby Sections

15
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