Code of Alabama

Ala. Code § 8-7A-10 (2026)

Net Worth.

✓ official Alabama Legislature (ALISON) text, current July 2026

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A licensee under this chapter shall maintain a net worth of at least twenty-five thousand dollars ($25,000) determined in accordance with generally accepted accounting principles.

(Act 2017-389, §2.)

Notes of Decisions

Cited in 3 cases (3 in the last 5 years), 2022–2022 · leading case: Davis v. White (N.D. Ala. 2022).

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Davis v. White (N.D. Ala. 2022). · cites it 2× “For example, the term “net worth” is used in §§ 8-7A-10; 11-51-154; 40-2A-7; and 11-51-191.”

Lawrence v. White (N.D. Ala. 2022). · cites it 2× “For example, the term “net worth” is used in §§ 8-7A-10; 11-51-154; 40-2A-7; and 11-51-191.”

Slone v. White (N.D. Ala. 2022). · cites it 2× “For example, the term “net worth” is used in §§ 8-7A-10; 11-51-154; 40-2A-7; and 11-51-191.”

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