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5-18-8
Section 5-18-8 License - Place of business of licensee. (a) Separate license for each place
of business. - Not more than one place of business shall be maintained under the same license,
but the supervisor may issue additional licenses to the same licensee upon his compliance
with all the provisions of this chapter governing the issuance of the first or original license.
(b) Removal. - No change in the place of business of a licensee to a location outside of the
original municipality shall be permitted under the same license. When a licensee wishes to
change his place of business within the same municipality, he shall give written notice thereof
to the supervisor who shall investigate the facts and, if he shall find the proposed location
is reasonably accessible to borrowers under existing loan contracts, shall enter an order
permitting the change and shall amend the license accordingly. If the supervisor shall not
so find, he shall enter an order denying the licensee such permission...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-18-8.htm - 1K - Match Info - Similar pages
11-65-2
Section 11-65-2 Definitions. (a) The following words and phrases used in this chapter, and
others evidently intended as the equivalent thereof, shall, unless the context clearly indicates
otherwise, have the following respective meanings: (1) ALABAMA-BRED. When this term is used
with reference to a horse, it means a horse which is registered in the registry designated
and administered by a commission in accordance with such rules concerning domicile and registration
requirements as may be established by such commission and which is either (i) foaled from
a mare domiciled in the state during the 10-year period beginning with January 1, 1991, or
(ii) sired by an Alabama stallion and foaled from a mare domiciled in the state at any time
after the expiration of such 10-year period. (2) ALABAMA STALLION. A stallion which is standing
in the state at the time he is bred to the dam of an Alabama-bred horse, which is registered
with a commission, and which is owned or leased by a resident of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-65-2.htm - 17K - Match Info - Similar pages
5-25-8
Section 5-25-8 License requirements. (a) Each license issued under this chapter shall state
the address of the licensee's principal place of business and the name of the licensee. (b)
A licensee shall post the license in a conspicuous place in each place of business of the
licensee. (c) A license may not be transferred or assigned. (d) No licensee shall transact
business under any name other than that designated in the license. (e) Each licensee shall
notify the department in writing of any change in the address of its principal place of business
or of any change in the address of any licensed location 15 days prior to such change, and
any change of officers, directors, or principal of the licensee, not later than 30 business
days after the change is effective. (f) Within 15 days of the occurrence of any one of the
following events, a licensee shall file a written report with the supervisor describing the
event and its expected impact on the activities of the licensee in this state:...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-25-8.htm - 1K - Match Info - Similar pages
5-19A-11
Section 5-19A-11 Licensing generally; annual fee; temporary license; when new license not required
upon change in ownership. (a) A person may not engage in business as a pawnbroker unless the
person has a valid license authorizing engagement in the business. A separate license is required
for each place of business. The supervisor may issue more than one license to a person if
that person complies with this chapter for each license. A new license or application to transfer
an existing license is required upon any change, directly or beneficially, in the ownership
of any licensed pawnshop and an application must be made to the supervisor in accordance with
this chapter. (b) When a licensee wishes to move a pawnshop to another location, the licensee
shall give 30 days written notice to the supervisor, who shall then amend the license accordingly.
(c) Each license shall remain in full force and effect until relinquished, suspended, revoked,
or expired. Every licensee, on or before each...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-19A-11.htm - 2K - Match Info - Similar pages
5-18-14
Section 5-18-14 Conduct of other business in office of licensee; loan business confined to
licensed offices; acceptance of liens on real estate as security for loans. (a) Other business
in same office. - No licensee shall conduct the business of making loans under this chapter
within any office, suite, room or place of business in which any other business is solicited
or engaged in or in association or conjunction with any other business until three days' written
notice of an intention so to do has been given the supervisor. Upon receipt of written notification,
the supervisor may investigate the facts and, if he finds that the character of the licensee
and the nature of the other business warrant belief that such conduct of business would conceal
violation or evasion of this chapter or of regulations lawfully made hereunder, he shall enter
an order directing the licensee to discontinue said other business. The order shall be entered
in the manner specified in and subject to the...
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5-18-3
Section 5-18-3 Definitions. The following terms, when used in this chapter, shall have the
following meanings, unless the context clearly requires a different meaning. The meaning ascribed
to the singular form shall apply also to the plural. (1) PERSON. Such term shall include individuals,
copartnerships, associations, trusts, corporations and any other legal entities. (2) LICENSE.
A license, issued under the authority of this chapter, to make loans in accordance with the
provisions of this chapter at a single place of business. (3) LICENSEE. A person to whom one
or more licenses have been issued. (4) SUPERVISOR. The Supervisor of the Bureau of Loans of
the State Banking Department. (5) BUREAU. The Bureau of Loans of the State Banking Department.
(6) CASH ADVANCE. The amount of cash or its equivalent that the borrower actually receives
or is paid at his direction or on his behalf. (Acts 1959, No. 374, p. 966, ยง2.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-18-3.htm - 1K - Match Info - Similar pages
28-7-14
Section 28-7-14 Regulation of grant of licenses; display thereof; separate retail licenses
for each place of sale; restrictions on wholesaler's operations; transfer of licenses; filing
fee for transfer; effect of insolvency of licensee. (a) No license prescribed in this chapter
shall be issued or renewed until the provisions of this chapter have been complied with and
the filing and license fees other than those levied by a municipality are paid to the board.
(b) Every license issued under this chapter shall be constantly and conspicuously displayed
on the licensed premises. (c) Any wine retailer may be granted licenses to maintain, operate
or conduct any number of places for the sale of table wine, but a separate license must be
secured for each place where table wine is sold. Provided there shall be no licenses issued
by the board for the sale of wine by rolling stores. (d) A malt or brewed beverage wholesale
licensee may also be granted a wine wholesaler's license. No wine...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/28-7-14.htm - 3K - Match Info - Similar pages
5-19-22
Section 5-19-22 License to engage in business of making consumer loans or taking assignments
of consumer credit contracts - Required; exceptions; application; investigation; standards
for issuance; hearing; licensing under Small Loan Act; fees; participation in Nationwide Mortgage
Licensing System and Registry. (a) No creditor shall engage in any one or more of the following
activities without first having obtained a license from the administrator: (1) Making consumer
loans to Alabama residents, regardless of whether the creditor has a place of business in
Alabama or an employee residing in Alabama. (2) Making consumer loans originated by an individual
required to be licensed as a mortgage loan originator under the Alabama Secure and Fair Enforcement
for Mortgage Licensing Act of 2009. (3) Taking assignments of consumer credit contracts, either
from a place of business in Alabama or through use of an employee residing in Alabama whose
employment includes taking assignments of consumer...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-19-22.htm - 7K - Match Info - Similar pages
40-12-449
Section 40-12-449 Suspension, revocation, or denial of license. (a) Subject to the appeal provisions
allowed under Chapter 2A, the commissioner may suspend or revoke a license issued for the
willful and intentional failure of the licensee to comply with this article. (b) A license
may be revoked or a license application may be denied by the department for any of the following
reasons: (1) Fraud practiced or any material misstatement in the license application. (2)
Change of condition after a license is granted or the failure to maintain qualification for
the license. (3) Skipping title assignment; accepting an open assignment of title whereby
the seller has signed the title to transfer ownership without listing the purchaser in the
title assignment. (4) Having no established place of business. (5) Failing to properly keep
and maintain records. (6) Knowingly dealing in stolen motor vehicles, parts, or accessories.
(7) Willful failure to comply with this article or any rule adopted under...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-12-449.htm - 2K - Match Info - Similar pages
5-18-4
Section 5-18-4 License - Required; exemptions; penalties for violation of section. (a) License
required. No person shall engage in the business of lending in amounts of less than one thousand
five hundred dollars ($1,500) and contract for, exact or receive, directly or indirectly,
on or in connection with any such loan, any charges whether for interest, insurance, compensation,
consideration, or expense, which in the aggregate are greater than the interest that the lender
would be permitted by law to charge for a loan of money if he or she were not a licensee under
this chapter, except as provided in and authorized by this chapter and without first having
obtained a license from the supervisor. For the purpose of this section, a loan shall be deemed
to be in the amount of less than one thousand five hundred dollars ($1,500) if the net amount
or value advanced to or on behalf of the borrower, after deducting all payments for interest,
expenses, and charges of any nature taken...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-18-4.htm - 3K - Match Info - Similar pages
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