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Ala. Const. amend. 154, § 1 Nonresidents Making Mortgage Loans Through Licensed Mortgage Loan Brokers
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Section 1. Any corporation which is not organized under the laws of this state and has no place of business in this state may take and hold mortgages on real property located within this state, deposit the proceeds thereof in a bank account, or bank accounts, in this state, colle…
