| Code of Alabama |
| Match Context and Document information |
| URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/11-50-7.htm |
|---|---|
| Depth: | 0 singles |
| Size: | 686 bytes |
| Modified: | 1998-01-12 12:47:44 |
| Categories: | -None- |
| Title: | 11-50-7 |
| Description: | -None- |
| Keywords: | -None- |
| Meta data: | -None- |
| Body: | Section 11-50-7 Provision in purchase agreement as to franchise right of purchaser at foreclosure sale. By the terms of purchase, it may be further provided that the purchaser at a foreclosure sale under such mortgage or deed of trust shall have a franchise for not exceeding 30 years to operate such plant. (Code 1907, §1263; Code 1923, §2005; Code 1940, T. 37, §366.) |