Ala. Admin. Code r. 155-2-3-.11

Current through Register Vol. 43, No. 1, October 31, 2024

Section 155-2-3-.11 - Minimum Loan Term - Small Loan Act

(1) The minimum term for repayment for all traditional-rate loans is one month.

Effective 3/1/2002; Amended 1/1/2020

Author: Scott Corscadden, Supervisor, Bureau of Loans

Statutory Authority: Code of Alabama 1975, § 5-18-15, § 5-18-12