Code of Alabama - Title 5: Banks and Financial Institutions - Chapter 20 - Alabama Credit Card Act

• Section 5-20-2 Short title
  This chapter shall be known and may be cited as the "Alabama Credit Card Act."
• Section 5-20-3 Definitions
  Notwithstanding any other provision of law, for the purposes of this chapter, the following terms shall have the meanings prescribed by this section: (1) ALABAMA...
• Section 5-20-4 Establishment or acquisition of a credit card bank
  Subject to the provisions of this chapter and to the prior approval of the superintendent, any bank holding company, bank holding company subsidiary, domestic lender...
• Section 5-20-5 Charges, rates, and fees
  Notwithstanding the provisions of any other law, in connection with a credit card account, any domestic lender or any credit card bank may provide in...
• Section 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...
• Section 5-20-7 Supervision and enforcement
  (a) All credit card banks organized under the laws of this state shall be subject to the supervision, regulation, and examination of the superintendent and...
• Section 5-20-8 Applicable law
  (a) A credit card bank shall be subject to all provisions of this title except to the extent any rights, powers, privileges, provisions or limitations...
• Section 5-20-9 Severability
  If any provision or clause of this chapter, including without limitation Section 5-20-4(8), or any application thereof to any entity or circumstances is held invalid,...
• Section 5-20-10 Construction with other laws; repeal of conflicting laws
  To the extent other laws or parts of laws, whether general, local, or general laws of local application, conflict with this chapter, such other laws...

Last modified: May 3, 2021