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43-2-843
Section 43-2-843 Transactions authorized for personal representatives; exceptions. Except as
restricted or otherwise provided by the will or by an order of court and subject to the priorities
stated in Section 43-8-76, a personal representative, acting prudently for the benefit of
the interested persons, may properly: (1) Retain assets owned by the decedent pending distribution
or liquidation including those in which the representative is personally interested or which
are otherwise improper for trust investment. (2) Receive assets from fiduciaries, or other
sources. (3) Perform, compromise, or refuse performance of the decedent's contracts that continue
as obligations of the estate, as the personal representative may determine under the circumstances.
In performing enforceable contracts by the decedent to convey or lease land, the personal
representative, among other possible courses of action, may do either of the following: a.
Execute and deliver a deed of conveyance for cash...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/43-2-843.htm - 6K - Match Info - Similar pages
45-28-231
Section 45-28-231 Abandoned and stolen personal property. (a) The Sheriff of Etowah County
shall keep and maintain a permanent record of all abandoned and stolen personal property recovered
by the sheriff's office, which the records shall state the description of the property, the
date of recovery of the property, the serial or other identifying number of the property,
and the place of recovery of the property. The records shall be open to public inspection
at all reasonable times. All abandoned or stolen property recovered by the sheriff's office
shall be stored in a suitable place to protect the abandoned or stolen personal property from
deterioration. If the property is perishable, after reasonable attempts have been made to
locate and identify the owner thereof, and if the attempts are unsuccessful, the abandoned
or stolen personal property may be sold at once without notice. The proceeds shall be held
for a period of six months for the account of the owner and if the owner has not...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-28-231.htm - 3K - Match Info - Similar pages
45-8-231
Section 45-8-231 Abandoned and stolen personal property; abandoned and stolen firearms. (a)(1)
The sheriff shall keep and maintain a permanent record of all abandoned and stolen personal
property recovered by the sheriff's department. These records shall state the description
of the property, the date of recovery of the property, the serial or other identifying number
of the property, and the place of recovery of the property. The records shall be open to public
inspection at all reasonable times. (2) All abandoned or stolen property recovered by the
sheriff's department shall be stored in a suitable place to protect the property from deterioration.
(b) If the abandoned and stolen personal property is of a perishable nature and reasonable
attempts to locate and identify the owner of the property are not successful, the property
may be sold at once without notice. The sheriff shall attempt to obtain the best possible
price for the property. The proceeds of such a sale shall be held in a...
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6-6-740
Section 6-6-740 Judgment for failure to pay over money collected or deliver personal property
recovered in capacity as attorney. (a) Judgment may, in like manner, be summarily entered
against any attorney-at-law in this state who fails to pay over money collected by him or
deliver personal property recovered by him in that capacity, whether by an action or otherwise,
on demand made by the person entitled thereto, his agent or attorney for the amount collected
or the value of the property recovered, less the amount due the attorney for fees or compensation
for services, interest thereon, and damages at the rate of five percent a month, after such
demand, on the aggregate amount, in the circuit court of the county in which such attorney
resides or, if he has no known place of residence in this state, in the circuit court of any
county, on three days' personal notice; but such attorney may, if a doubt exists as to the
right of the person making the demand or if there is a dispute as to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/6-6-740.htm - 2K - Match Info - Similar pages
10A-5A-8.02
Section 10A-5A-8.02 Death or disqualification of member. (a) In the case of a limited liability
company performing professional services, upon the death of a member, upon a member becoming
a disqualified person, or upon a transferable interest being transferred by operation of law
or court decree to a disqualified person, the transferable interest of the deceased member
or of the disqualified person may be transferred to a qualified person and, if not so transferred,
subject to Section 10A-5A-4.06, shall be purchased by the limited liability company as provided
in this section. (b) If the price of the transferable interest is not fixed by the limited
liability company agreement, the limited liability company, within six months after the death
or 30 days after the disqualification or transfer, as the case may be, shall make a written
offer to pay to the holder of the transferable interest a specified price deemed by the limited
liability company to be the fair value of the transferable...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-5A-8.02.htm - 7K - Match Info - Similar pages
10A-8A-10.03
Section 10A-8A-10.03 Death or disqualification of partner. (a) In the case of a limited liability
partnership performing professional services, upon the death of a partner, upon a partner
becoming a disqualified person, or upon a transferable interest being transferred by operation
of law or court decree to a disqualified person, the transferable interest of the deceased
partner or of the disqualified person may be transferred to a qualified person and, if not
so transferred, subject to Section 10A-8A-4.09, shall be purchased by the limited liability
partnership as provided in this section. (b) If the price of the transferable interest is
not fixed by the partnership agreement, the limited liability partnership, within six months
after the death or 30 days after the disqualification or transfer, as the case may be, shall
make a written offer to pay to the holder of the transferable interest a specified price deemed
by the limited liability partnership to be the fair value of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-8A-10.03.htm - 7K - Match Info - Similar pages
3-5-12
Section 3-5-12 Proceedings for recovery of livestock or animal by owner; determination of validity
of seizure, amount of damages, etc., where owner unknown, etc.; fees and costs of district
court judge and officer making seizure; appeals from judgment of district court. (a) The owner
of any livestock or animal which has been seized shall have the right to possession of the
same by paying such judgment and the costs thereof or, if no judgment has been entered, by
paying such damages as may be agreed upon together with fees and costs and expenses due on
account of such seizure to the person or officer so seizing such livestock or animal or to
the person who may at the time of such payment have such livestock or animal in his possession
and by paying to the court the costs of the court incurred to the time of such payment. Should
the parties be unable to agree upon the amount of damages, fees, costs and expenses due, either
party shall have the right to go before any district court judge...
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36-19-43
Section 36-19-43 Insurer or agents not liable for compliance with division; confidentiality;
testimony; violations. (a) In the absence of fraud or malice, no insurer, or person who furnishes
information on its behalf, shall be liable for damages in a civil action or subject to criminal
prosecution for any oral or written statement made or any other action taken that is necessary
to supply information required by this article. (b) The officials and departmental and agency
personnel receiving any information furnished pursuant to this article shall hold the information
in confidence until such time as its release is required pursuant to a criminal or civil proceeding.
(c) Any official referred to in Section 36-19-41 may be required to testify as to any information
in his possession regarding the fire loss of real or personal property in any civil action
in which any person seeks recovery under a policy against an insurance company for the fire
loss. (d) No person shall purposely refuse...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-19-43.htm - 1K - Match Info - Similar pages
43-2-550
Section 43-2-550 Final settlement required following death, removal or resignation of executor
or administrator. When an executor or administrator dies, resigns or is removed, or his letters
are revoked, or his authority ceases from any cause, he must within one month after his authority
ceases or, in case of his death, his personal representative must or, in case of his removal
from the state, his sureties must, within six months after the grant of letters, file his
accounts, vouchers and statement of heirs and legatees for and must make final settlement
of the administration of, such executor or administrator, of which settlement notice must
be given in the same manner; and such settlement must be conducted and governed, except as
otherwise provided in this article, by the same rules and provisions of law as other final
settlements by executors or administrators. (Code 1852, §1876; Code 1867, §§2165, 2232;
Code 1876, §§2537, 2590; Code 1886, §2173; Code 1896, §241; Code 1907,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/43-2-550.htm - 1K - Match Info - Similar pages
45-15-230
Section 45-15-230 Sale of abandoned, stolen, and unclaimed property. (a) The Sheriff of Cleburne
County, Alabama, shall sell at public auction, in the manner provided in this section, abandoned
and stolen personal property recovered by the Sheriff's Department of Cleburne County which
property has remained unclaimed by the rightful owner thereof for a period of six consecutive
months. (b) The Sheriff of Cleburne County shall keep and maintain a permanent record of all
abandoned and stolen personal property recovered by the Sheriff's Department of Cleburne County,
which records shall state the description of the property, the date of recovery of the property,
the serial or other identifying number of the property, and the place of recovery of the property.
Such records shall be open to public inspection at all reasonable times. All abandoned or
stolen property recovered by the Sheriff's Department of Cleburne County shall be stored in
a suitable place to protect the same from...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-15-230.htm - 3K - Match Info - Similar pages
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