Alabama Statutes

§ 8-7A-27 — Interpretive Opinions by the Commission

Alabama·Title 8 Commercial Law and Consumer Protection·Ch. 7A Alabama Monetary Transmission Act
(a)The commission may issue interpretative opinions and no-action letters upon request from interested persons. Such opinions or no-action letters shall be limited in scope and may not be requested to provide legal advice to any person. No opinion or no-action letter shall be issued on a hypothetical basis.
(b)Any person who makes application to the commission for an interpretative opinion or no-action letter shall be assessed a nonrefundable filing fee of five hundred dollars ($500) upon application for such opinion or no-action letter.

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Legislative History

(Act 2017-389, §2.)

Nearby Sections

15
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