Alabama § 5-20-6 - Application for Approval; Filing Fee.
Full text of Alabama Code of Alabama § 5-20-6 — Application for Approval; Filing Fee., with citation guidance and answers to common questions.
§ 5-20-6. Application for Approval; Filing Fee.
Any bank holding company, bank holding company subsidiary, domestic lender or foreign lender proposing to establish or acquire a credit card bank pursuant to this chapter shall file an application with the superintendent for prior approval of such establishment or acquisition. Such application shall contain such information as the superintendent may require, and shall specifically acknowledge each applicant’s agreement to be bound by the conditions set forth in Section 5-20-4. In addition, such application shall designate a resident of this state as each applicant’s registered agent in connection with matters arising out of this chapter and shall be accompanied by the filing fee specified in section 5-20-4.
Frequently Asked Questions About Alabama § 5-20-6
What does Code of Alabama § 5-20-6 cover?
Section 5-20-6 ("Application for Approval; Filing 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 § 5-20-6?
A common citation format is "Code of Alabama § 5-20-6" (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 § 5-20-6 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.