Regulatory AlertsAdded · Updated
Examination Fees Repealed: January 1, 2020
The Alabama Department of Financial Institutions repealed regulation 155-2-2-.14 regarding examination fees under the Alabama Consumer Credit Act. This administrative action, effective January 1, 2020, removes the previously established fee structure that had been in place since October 1, 1997. The repeal aligns with the statutory authority provided by the Code of Alabama 1975, specifically sections 5-19-21, 5-19-24, and 5-2A-24.
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