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Form a Business

Short Title; Purpose.

Ala. Code § 5-18A-1
in effect
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5-18A-1. Short Title; Purpose. This chapter shall be known and may be cited as the “Deferred Presentment Services Act.” The purpose of this chapter is to protect consumers who enter into short-term cash advances from abuses that occur in the marketplace. This chapter shall be liberally construed to effectuate its purpose as a consumer protection statute. (Act 2003-359, p. 992, §1.)
Source: Alabama Legislature (alison.legislature.state.al.us)URL: https://alison.legislature.state.al.us/code-of-alabama#5-18A-1Fetched: 10/20/2026

Starting a business in Alabama? Alabama LLC guide: costs and requirements