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Alabama · Through Act 2026-611

Ala. Code § 5-18A-1: Short Title; Purpose.

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Where this section sits in the code
  1. Title 5 Banks and Financial Institutions.
  2. Chapter 18A Deferred Presentment Services Act.

This chapter shall be known and may be cited as the “Deferred Presentment Services Act.” The purpose of this chapter is to protect consumers who enter into short-term cash advances from abuses that occur in the marketplace. This chapter shall be liberally construed to effectuate its purpose as a consumer protection statute.

Collected 2026-09-03T14:01:52Z. Source file · JSON

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