Alabama § 5-19A-12 Eligibility for Pawnshop License; Application Fee

Alabama Statutes

§ 5-19A-12 — Eligibility for Pawnshop License; Application Fee

Alabama·Title 5 Banks and Financial Institutions·Ch. 19A Alabama Pawnshop Act

(a)To be eligible for a pawnshop license, an applicant shall:

(1)Operate lawfully and fairly within the purposes of this chapter.

(2)Not have been convicted of a felony within the last 10 years or not be acting as a beneficial owner for someone who has been convicted of a felony within the last 10 years.

(b)The application shall be accompanied by a fee of $50.00 to be paid to the Supervisor if the applicant does not possess an existing license at the time of applying for the pawnshop license. If the application involves a second or additional license to an applicant previously licensed for a separate location or involves substantially identical principals and owners of a licensed pawnshop at a separate location. The application shall be accompanied by a fee of $50.00.

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(a) To be eligible for a pawnshop license, an applicant shall:
(1) Operate lawfully and fairly within the purposes of this chapter.
(2) Not have been convicted of a felony within the last 10 years or not be acting as a beneficial owner for someone who has been convicted of a felony within the last 10 years.
(b) The application shall be accompanied by a fee of $50.00 to be paid to the Supervisor if the applicant does not possess an existing license at the time of applying for the pawnshop license. If the application involves a second or additional license to an applicant previously licensed for a separate location or involves substantially identical principals and owners of a licensed pawnshop at a separate location. The application shall be accompanied by a fee of $50.00.

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