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Alabama · Through Act 2026-611

Ala. Code § 5-18A-6: License - Fees; Financial Statement.

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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.

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.

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

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