Alabama § 40-12-89 - Credit Agencies.
Full text of Alabama Code of Alabama § 40-12-89 — Credit Agencies., with citation guidance and answers to common questions.
§ 40-12-89. Credit Agencies.
(a) Each person, firm, or corporation inquiring into and reporting on the credit and standing of persons, firms, or corporations in this state shall pay the following license tax:
(1) In each county where the population exceeds 300,000, a state license tax of $200 for each place of business and a county license tax of $50;
(2) In each county where the population exceeds 200,000, but is not more than 300,000, a state license tax of $150 for each place of business and a county license tax of $50;
(3) In each county where the population exceeds 100,000, but is not more than 200,000, a state license tax of $100 for each place of business and a county license tax of $25;
(4) In each county where the population exceeds 50,000, but is not more than 100,000, a state license tax of $50 for each place of business and a county license tax of $25; and
(5) In all other counties, $25 to the state for each place of business and $12.50 to the county.
(b) This section shall not apply to mutual trade organizations where credit information is exchanged among members at actual cost of service.
(c) Where any person shall pay to the state the license tax of $200 for an office which supervises the operations of suboffices under its jurisdiction, no additional state license tax shall be due for such suboffice, but a county license tax of $50 shall be paid in each county in which a suboffice is located.
(d) The population shall be according to the last or any subsequent federal decennial census.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 40-12-89
What does Code of Alabama § 40-12-89 cover?
Section 40-12-89 ("Credit Agencies.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 40-12-89?
A common citation format is "Code of Alabama § 40-12-89" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 40-12-89 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.