Code of Alabama - Title 5: Banks and Financial Institutions - Section 5-19-30 - Penalty for violations

Section 5-19-30 - Penalty for violations.

A creditor who willfully makes charges in excess of those permitted by Section 5-19-3 or a creditor who willfully engages in the business of making loans in violation of subsection (a) of Section 5-19-22, or both, is guilty of a misdemeanor and, upon conviction, shall be sentenced to pay a fine not exceeding five hundred dollars ($500) or to imprisonment not exceeding one year, or both.

(Acts 1971, No. 2052, p. 3290, §24; Acts 1982, No. 82-521, p. 869, §1; Acts 1996, No. 96-576, p. 887, §2.)

Last modified: May 3, 2021