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

Alabama Statutes

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

Alabama·Title 5 Banks and Financial Institutions·Ch. 18A Deferred Presentment Services Act

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.

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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.

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