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Can you summarize ALAC Chapter 830-X-7A?
Alabama Securities Commission > FEE FOR RENEWAL OF MONETARY LICENSE
Short Summary
The provided legal document content pertains to the renewal of licenses under the Monetary Transmission Act. According to the document, all applications for license renewal must be accompanied by a non-refundable fee of $500. The document references the specific statutory authority as the Code of Ala. 1975, 8-7A-9b. The document also provides information about the history of the rule, stating that it was published on October 31, 2019, and became effective on December 15, 2019. However, no exemptions or penalties are mentioned in the document.
Whom does it apply to?
Applicants for license renewal under the Monetary Transmission Act
What does it govern?
Renewal of license under the Monetary Transmission Act
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
Alabama