Alabama § 5-18A-6 License - Fees; Financial Statement

Alabama Statutes

§ 5-18A-6 — License - Fees; Financial Statement

Alabama § 5-18A-6

Title 5Banks and Financial Institutions

Ch. 18ADeferred Presentment Services Act

This text of Alabama § 5-18A-6 (License - Fees; Financial Statement) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 5-18A-6 (2026).

Text

Each application for a license shall be accompanied by all of the following:

(1)A nonrefundable license fee of five hundred dollars ($500) for each location, office, or branch at which the applicant conducts business. The license fees are subject to increase by the supervisor through regulation.

(2)A nonrefundable application investigation fee of one hundred dollars ($100).

(3)A financial statement meeting the requirements of subdivision (1) of subsection (a) of Section 5-18A-4.

Free access — add to your briefcase to read the full text and ask questions with AI

Each application for a license shall be accompanied by all of the following:
(1) A nonrefundable license fee of five hundred dollars ($500) for each location, office, or branch at which the applicant conducts business. The license fees are subject to increase by the supervisor through regulation.
(2) A nonrefundable application investigation fee of one hundred dollars ($100).
(3) A financial statement meeting the requirements of subdivision (1) of subsection (a) of Section 5-18A-4.