|
6-11-4
Section 6-11-4 Requirements when judgment structured; termination. Where a judgment is structured
pursuant to Section 6-11-3 above, the following shall apply: (1) Should the judgment creditor
die before the final installment is paid, the remaining payments shall be made to the estate
of the decedent, or as otherwise directed by the court having jurisdiction over the estate.
(2) Where an installment payment is more than 15 days late, there shall be added to the amount
due for that installment interest from the date payment was due at the rate of 20 percent
per annum, compounded daily, and attorney's fee if necessary to collect the amount due. (3)
Upon motion of the judgment creditor, or his estate in the event of this death, the structure
may be terminated and all unpaid installments declared immediately due if the court finds
that the judgment debtor has exhibited a continuing pattern of failing to pay installments
when due or that there is a reasonable likelihood that future payments...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/6-11-4.htm - 1K - Match Info - Similar pages
11-50-98
Section 11-50-98 Form, terms, denominations, etc., of bonds; execution, sale, etc., thereof.
The bonds authorized to be issued by this division shall be negotiable and payable to the
bearer and may be payable in lawful money of the United States as the council may prescribe.
By the ordinance providing for the issue of such bonds, full provision shall be made for their
form and character. Said bonds shall have coupons attached to represent the interest thereon,
and the council may provide that such bonds may be changed from coupon to registered bonds
or vice versa. Such bonds shall be of such denomination or denominations as the council may
direct, not to exceed $1,000.00 each, and not to be less than $50.00 each. They shall bear
interest at a rate not to exceed six percent per annum, payable annually or semiannually,
at such place or places as may be designated therein. They shall be issued under the corporate
seal of the city or town and shall be signed by the mayor and the treasurer...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-98.htm - 1K - Match Info - Similar pages
25-5-86
Section 25-5-86 Remedy for default upon periodic compensation payments; exemption of compensation
claims, etc., from garnishment, etc. For purposes of this article and Article 4 of this chapter:
(1) If the award, order, or settlement agreement is payable in installments and default has
been made in the payment of an installment, the owner or interested party may, upon the expiration
of 30 days from the default and upon five days' notice to the defaulting employer or defendant,
move for a modification of the award or settlement agreement by ascertaining the present value
of the case, including the 15 percent penalty provision of Section 25-5-59, under the rule
of computation contained in Section 25-5-85, and upon which execution may issue. The defaulting
employer may relieve itself of the execution by entering into a good and sufficient bond,
to be approved by the judge, securing the payment of all future installments, and forthwith
paying all past due installments with interest and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/25-5-86.htm - 1K - Match Info - Similar pages
40-10-141
Section 40-10-141 Lien and sale of property for unpaid installments of taxes - Procedure. The
State of Alabama shall have a lien for all unpaid partial payments as well as for taxes for
any subsequent year, and in case of the failure to pay any one of said installments together
with the taxes for any subsequent year, either or both, the Land Commissioner for and in the
name of the State of Alabama shall at his option declare all said installments due and payable
at once. In case of default in payment of any installment or of any subsequent taxes, the
Land Commissioner in the name of the state shall have a right to file a complaint to foreclose
the lien of the state, and in such suit all parties at interest shall be made parties defendant.
Such suit shall be filed in the county where the land or the major portion thereof is situated.
The court shall determine what amount, if any, of such taxes or installments are illegal,
and in its final judgment shall determine the total amount due on...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-10-141.htm - 2K - Match Info - Similar pages
11-50-351
Section 11-50-351 Establishment, collection, etc., of rates, fees, and charges for services
furnished. (a) The board is hereby authorized to fix and revise from time to time rates, fees,
and other charges for the use of and for the services furnished or to be furnished by any
water system, sewer system, or sewage disposal system or parts thereof owned, operated, or
maintained by the board. Such rates, fees and charges shall be so fixed and revised as to
provide funds sufficient at all times: (1) To pay the cost of maintaining, repairing, and
operating such system or systems or parts thereof; (2) To pay the principal of and the interest
on all bonds and obligations assumed by the board, including any bonds issued to refund the
same, as the same shall become due and payable; (3) To pay the principal of and the interest
on all revenue bonds issued by the board under the provisions of this article as the same
shall become due and payable; (4) To create and maintain such reserves for the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-351.htm - 3K - Match Info - Similar pages
35-6-114
Section 35-6-114 When sheriff ordered to take possession of crops; forthcoming bond. (a) If,
at the time of filing such application, or afterwards, any party interested in the crops,
his agent or attorney, makes affidavit before the judge of probate that he has cause to believe
that the crops, or any portion thereof, will be removed, sold, consumed, or destroyed before
they can be divided, and gives bond, with sufficient surety, in double the value of the property
to be divided, payable to the defendant or defendants, with condition to pay all costs and
damages that may accrue from the wrongful filing of the application, the court shall order
the sheriff to take possession of such crops, and to safely keep the same until final disposition
thereof shall be made by the court, unless the other parties in interest, or some of them,
give bond, with sufficient surety, to be approved by the sheriff, in double the value of the
shares of those complaining, with condition for the delivery of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-6-114.htm - 2K - Match Info - Similar pages
11-51-14
Section 11-51-14 Entry of judgment by circuit court; sale of property for payment of taxes,
etc., generally. If no pleadings setting up a defense shall be filed by the owner of the property
within 30 days after publication has been perfected or within 30 days after service of the
notice by the sheriff, then without further proof a final judgment shall be entered by the
circuit judge adjudging such property liable for such taxes and directing the register or
clerk to sell such property for the payment of the taxes, charges, penalties, interest, and
costs that are charged thereon unless the amount due and the costs shall have been paid to
the register or clerk before the sale. Such sale shall be made as in other civil actions and
need not be confirmed by the court. The judge may consolidate actions against property assessed
to the same owner and may designate the property which shall be sold to pay to the taxes,
charges, interest, penalties and costs charged to all. If any defense is...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-51-14.htm - 1K - Match Info - Similar pages
25-4-55
Section 25-4-55 Payment of interest on moneys advanced by federal government - Contributory
employer's assessment; method of determining amount; procedures. In addition to all other
contributions required to be paid by the provisions of Sections 25-4-51 and 25-4-54, when
the Unemployment Compensation Trust Fund of this state has received advances from the federal
government under the provisions of 42 U.S.C. 1321, each contributory employer shall be assessed
an additional rate solely for the purpose of paying interest due on such federal advances.
The additional rate assessed to any employer shall be determined by dividing the estimated
amount of interest to be paid on such advanced moneys minus any balance in this special fund
by 95 percent of the wages as defined in Section 25-4-16 paid by all Alabama contributory
employers during the immediately preceding calendar year. The amount to be paid by each employer
shall be the product obtained by multiplying such employer's wages as...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/25-4-55.htm - 2K - Match Info - Similar pages
40-29-23
Section 40-29-23 Levy and distraint. (a) Authority of commissioner or delegate. If any person
liable to pay any final assessment of tax neglects or refuses to pay the same or fails to
appeal such final assessment within 30 days, it shall be lawful for the commissioner to collect
such tax (and such further sum as shall be sufficient to cover the expenses of the levy) as
herein provided or as otherwise provided by law. The commissioner may levy upon all property
and rights for property belonging to such person or on which there is a lien as provided in
this chapter for the payment of such tax. If the Commissioner of Revenue or his delegate makes
a finding that the collection of such tax is in jeopardy, notice and demand for immediate
payment of such tax may be made and, upon failure or refusal to pay such tax, collection thereof
by levy shall be lawful without regard to the 30-day period provided in this chapter. (b)
Seizure and sale of property. The term "levy" as used in this chapter...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-29-23.htm - 4K - Match Info - Similar pages
39-1-1
Section 39-1-1 Bonds required of persons contracting for public works; commencement, etc.,
of actions upon bond by persons supplying labor, etc., to contractor; offer to accept judgment;
notice of completion of project by contractor and final settlement; applicability. (a) Any
person entering into a contract with an awarding authority in this state for the prosecution
of any public works shall, before commencing the work, execute a performance bond, with penalty
equal to 100 percent of the amount of the contract price. In addition, another bond, payable
to the awarding authority letting the contract, shall be executed in an amount not less than
50 percent of the contract price, with the obligation that the contractor or contractors shall
promptly make payments to all persons supplying labor, materials, or supplies for or in the
prosecution of the work provided in the contract and for the payment of reasonable attorneys'
fees incurred by successful claimants or plaintiffs in civil...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/39-1-1.htm - 6K - Match Info - Similar pages
|