Alabama Stored Value Product Agreement and Disclosures
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How to fill out Stored Value Product Agreement And Disclosures?
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FAQ
Section 8-8-10 - Interest on money judgments and costs (a) Judgments for the payment of money, other than costs, if based upon a contract action, bear interest from the day of the cause of action, at the same rate of interest as stated in the contract; all other judgments shall bear interest at the rate of 7.5 percent ...
Charges imposed in connection with the dishonor of a negotiable instrument shall not be deemed interest finance or other charge made as an incident to or as a condition to the grant of the loan or other extension of credit and shall not be included in determining the limit on charges which may be made in connection ...
Section 8-1-41 - Obligations Which Cannot Be Specifically Enforced. Obligations which cannot be specifically enforced. (6) An agreement, the terms of which are not sufficiently certain to make the precise act which is to be done clearly ascertainable.
Section 8-7A-7 Security. Security must be in a form satisfactory to the commission and payable to the commission for the benefit of any claimant against the licensee.
No person, as a service or for a fee or other consideration, shall engage in the business of selling, issuing or otherwise dispensing checks or receiving money as agent for obligors for the purpose of paying such obligors' bills, invoices or accounts without first obtaining a license from the Commission pursuant to the ...
Ala. Code § 8-19-10(a)(3). The court also has the discretion to award a defendant reasonable attorney's fees and costs upon a finding that an action was frivolous or brought in bad faith.
