Regulatory Alerts2020-01-01
Amendment of License - Alabama Consumer Credit Act
The Alabama Bureau of Loans requires prior written approval from the Supervisor for any license amendments, such as changes in location or trade name. Licensees must submit a written request along with their current license and pay the applicable fee under Rule 155-2-1-.05(1)(e). Failure to obtain this approval may result in a fine not exceeding $500.00.
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