Code of Alabama - Title 40: Revenue and Taxation - Section 40-12-162 - Stock and bond brokers
Section 40-12-162 - Stock and bond brokers.
Each person dealing in stocks and bonds shall pay a license tax of $50. The payment of the license tax required by this section shall authorize the doing of business in the town, city or county where paid.
(Acts 1935, No. 194, p. 256; Code 1940, T. 51, §596.)