There is a newer version
of
this Section
2018 Code of Alabama
Title 5 - BANKS AND FINANCIAL INSTITUTIONS.
Chapter 18A - DEFERRED PRESENTMENT SERVICES ACT.
Section 5-18A-16 - Violations of chapter.
Universal Citation: AL Code § 5-18A-16 (2018)
Section 5-18A-16Violations of chapter.
If, after a hearing, the supervisor finds that a person has violated this chapter or any administrative regulation issued pursuant to this chapter, the supervisor may take any one or more of the following enforcement actions:
(1) Order the person to cease and desist violating the chapter or any administrative rules issued pursuant thereto.
(2) Require the refund of any fees collected by such person in violation of this chapter.
(3) Order the person to pay to the supervisor a civil penalty of not more than one thousand dollars ($1,000) for each transaction in violation of this chapter.
(Act 2003-359, p. 992, §16.)
Disclaimer: These codes may not be the most recent version. Alabama may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
