Alabama § 40-14B-9 - Renewal Fee.
Full text of Alabama Code of Alabama § 40-14B-9 — Renewal Fee., with citation guidance and answers to common questions.
§ 40-14B-9. Renewal Fee.
(a) Not later than January 31 of each year, each certified capital company shall pay a nonrefundable renewal fee of five thousand dollars ($5,000) to the Alabama Development Office. If a certified capital company fails to pay its renewal fee on or before that date, the company must pay, in addition to the renewal fee, a late fee of five thousand dollars ($5,000) to continue its certification.
(b) Notwithstanding subsection (a), a renewal fee is not required within six months of the date on which the company’s certification is issued pursuant to Section 40-14B-3.
Frequently Asked Questions About Alabama § 40-14B-9
What does Code of Alabama § 40-14B-9 cover?
Section 40-14B-9 ("Renewal Fee.") 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 § 40-14B-9?
A common citation format is "Code of Alabama § 40-14B-9" (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 § 40-14B-9 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.