Each person dealing in stocks and bonds shall pay a license tax of $50. The payment of the license tax required by this section shall authorize the doing of business in the town, city or county where paid.
Ala. Code § 40-12-162
Stock and Bond Brokers.
(Acts 1935, No. 194, p. 256; Code 1940, T. 51, §596.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.