Alabama § 5-18-21 - Enforceability of Provisions and Agreements Which Violate Chapter; Liability of Licensee for Actual Damage.
Full text of Alabama Code of Alabama § 5-18-21 — Enforceability of Provisions and Agreements Which Violate Chapter; Liability of Licensee for Actual Damage., with citation guidance and answers to common questions.
§ 5-18-21. Enforceability of Provisions and Agreements Which Violate Chapter; Liability of Licensee for Actual Damage.
Except where other specific remedies are provided in this chapter for violations, in which event those remedies shall apply, any provision of a loan contract which violates this chapter shall be unenforceable by the licensee to the extent, but only to the extent, of the violation, and the other remaining provisions and agreements shall be enforceable and shall not be void and shall not be affected by the violation. Except as set forth in subsection (l) of Section 5-18-15, any licensee who fails to comply with any requirement imposed under this chapter with respect to any person is liable to the person for the actual damage sustained by the person as the result of the failure.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 5-18-21
What does Code of Alabama § 5-18-21 cover?
Section 5-18-21 ("Enforceability of Provisions and Agreements Which Violate Chapter; Liability of Licensee for Actual Damage.") 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 § 5-18-21?
A common citation format is "Code of Alabama § 5-18-21" (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 § 5-18-21 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.