§ 5-25-1 Short title
§ 5-25-2 Definitions
§ 5-25-3 Persons excluded
§ 5-25-4 License to transact business as a mortgage broker
§ 5-25-5 Application for license
§ 5-25-6 Issuance of license
§ 5-25-7 Expiration and renewal
§ 5-25-8 License requirements
§ 5-25-9 Maintenance and examination of records, etc
§ 5-25-10 Annual report
§ 5-25-11 Principal place of business; branch office
§ 5-25-12 Disclosure by licensee; prohibited activities
§ 5-25-13 Rules and regulations
§ 5-25-14 Denial, suspension, or revocation of license
§ 5-25-15 Appeal
§ 5-25-16 Enforcement and penalties
§ 5-25-17 Violations of chapter
§ 5-25-18 Disposition of funds

Terms Used In Alabama Code > Title 5 > Chapter 25

  • Appellate: About appeals; an appellate court has the power to review the judgement of another lower court or tribunal.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Commercial or nongame fish: as used in this article shall be limited to those freshwater fish designated as such by the Department of Conservation and Natural Resources and all species of saltwater fish. See Alabama Code 36-27-51.1
  • Court reporter: A person who makes a word-for-word record of what is said in court and produces a transcript of the proceedings upon request.
  • Fraud: Intentional deception resulting in injury to another.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Legislative session: That part of a chamber's daily session in which it considers legislative business (bills, resolutions, and actions related thereto).
  • Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
  • officer: The term includes every person authorized to enforce the game and fish laws of this state, and whenever the possession, use, importation, transportation, storage, sale, offering, or exposing for sale of game birds, animals, or fish is prohibited or restricted, the prohibition or restriction shall extend to and include every part of the game, bird, animal, or fish, and a violation as to each animal, bird, or fish, or part thereof, shall be a separate offense. See Alabama Code 35-11-415
  • Probable cause: A reasonable ground for belief that the offender violated a specific law.
  • Real Estate Settlement Procedures Act: Federal law that, among other things, requires lenders to provide "good faith" estimates of settlement costs and make other disclosures regarding the mortgage loan. RESPA also limits the amount of funds held in escrow for real estate taxes and insurance. Source: OCC
  • Remand: When an appellate court sends a case back to a lower court for further proceedings.
  • Reporter: Makes a record of court proceedings and prepares a transcript, and also publishes the court's opinions or decisions (in the courts of appeals).
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Spearing: as used in this article shall be limited to the use of a spear or similar instrument that is held in the hand of the person using same and the use of a weapon, other than a firearm, which propels or forces a projectile, arrow or similar device therefrom to which a wire, rope, line, cord or other means of recovering the propelled projectile, arrow or similar device is attached and is secured to the weapon or to the person using the weapon. See Alabama Code 36-27-51.1
  • Statute: A law passed by a legislature.
  • Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
  • Verdict: The decision of a petit jury or a judge.