Code of Alabama

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40-10-120
Section 40-10-120 When and by whom land may be redeemed. (a) Real estate which hereafter may
be sold for taxes and purchased by the state may be redeemed at any time before the title
passes out of the state or, if purchased by any other purchaser, may be redeemed at any time
within three years from the date of the sale by the owner, his or her heirs, or personal representatives,
or by any mortgagee or purchaser of such lands, or any part thereof, or by any person having
an interest therein, or in any part thereof, legal or equitable, in severalty or as tenant
in common, including a judgment creditor or other creditor having a lien thereon, or on any
part thereof; and an infant or insane person entitled to redeem at any time before the expiration
of three years from the sale may redeem at any time within one year after the removal of the
disability; and such redemption may be of any part of the lands so sold, which includes the
whole of the interest of the redemptioner. If the mortgage...
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14-2-26
Section 14-2-26 Kilby property - Sale or lease by authority. (a) The authority shall have the
power to sell, convey and lease all or any part of the Kilby property and, as an aid to such
sale or lease, to cause to be prepared by competent real estate experts a land use map and
plan. No such sale or lease shall be made, however, except at public offering, on sealed bids
or at auction, and upon such published notice as the authority shall determine to be necessary
or desirable in order to attract the greatest interest from prospective bidders. Notice of
any public sale or lease shall, in any event, be given by publication in at least three newspapers
of general circulation published in the state at least three times, the first notice to be
published not less than 60 days before the date of such public offering, the second notice
to be published not less than 30 days nor more than 40 days before such public offering and
the third notice to be published not less than 10 days nor more than...
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35-11-211
Section 35-11-211 Priority of lien. (a) Such lien as to the land and buildings or improvements
thereon, shall have priority over all other liens, mortgages, or incumbrances created subsequent
to the commencement of work on the building or improvement. Except to the extent provided
in subsection (b) below, all liens, mortgages, and incumbrances (in this section, "mortgages
and other liens") created prior to the commencement of such work shall have priority
over all liens for such work. Enforcement of such lien of a mechanic, materialman, or other
person created by Section 35-11-210 (in this section, "mechanic or materialman lien")
shall not affect any prior mortgage or other lien, and the purchaser in connection with the
enforcement of such mechanic or materialman lien shall take the property subject to such prior
mortgages and other liens of which the purchaser has actual or constructive notice on the
date of the purchase. Foreclosure of any prior mortgage or other lien shall terminate...
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40-29-26
Section 40-29-26 Sale of seized property. (a) Notice of seizure. As soon as practicable after
seizure of property, notice in writing shall be given by the Commissioner of Revenue or his
delegate to the owner of the property (or, in the case of personal property, the possessor
thereof), or shall be left at his usual place of abode or business. If the owner cannot be
readily located, or has no dwelling or place of business within the state, the notice may
be mailed to his last known address. Such notice shall specify the sum demanded and shall
contain, in the case of real property, a description with reasonable certainty of the property
seized. (b) Notice of sale. The commissioner or his delegate shall as soon as practicable
after the seizure of the property give notice to the owner, in the manner prescribed in subsection
(a), and shall cause a notification to be published in some newspaper published or generally
circulated within the county wherein such seizure is made, or if there be...
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45-2A-61.03
Section 45-2A-61.03 Bond issue authorized. (a) In payment for the purchase, lease, construction,
acquisition, extension, or maintenance of such television cable system, the utilities board
may issue its bonds in the manner provided by law. (b) Such utilities board, in order to secure
the prompt and faithful payment of the principal and interest of all debts, bonds, or other
evidences of indebtedness incurred or issued by it for the construction, acquisition, lease,
extension, or maintenance of a television cable system may execute a mortgage or deed of trust
upon any or all of such system and all property used in connection therewith, including the
franchise or any part thereof. (c) Such mortgage or deed of trust may contain such terms,
conditions, covenants, and warranties for the protection of the utilities board and holders
of such bonds or securities issued by such utilities board as may be determined and agreed
upon by the governing body of the utilities board and persons, firms,...
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45-2A-80.03
Section 45-2A-80.03 Bond issue authorized. (a) In payment for the purchase, lease, construction,
acquisition, extension, or maintenance of such television cable system, the municipal corporation
may issue its bonds in the manner provided by law. (b) Such municipal corporation, in order
to secure the prompt and faithful payment of the principal and interest of all debts, bonds,
or other evidences of indebtedness incurred or issued by it for the construction, acquisition,
lease, extension, or maintenance of a television cable system may execute a mortgage or deed
of trust upon any or all of such system and all property used in connection therewith, including
the franchise or any part thereof. (c) Such mortgage or deed of trust may contain such terms,
conditions, covenants, and warranties for the protection of the utilities board and holders
of such bonds or securities issued by such municipal corporation as may be determined and
agreed upon by the governing body of the municipal...
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45-40A-10.04
Section 45-40A-10.04 Funding. (a) In payment for the purchase, construction, acquisition, extension,
or maintenance of the television cable system, the municipal corporation may issue its bonds
in the manner provided by law. (b) The municipal corporation, in order to secure the prompt
and faithful payment of the principal and interest of all debts, bonds, or other evidences
of indebtedness incurred or issued by it for the construction, acquisition, extension, or
maintenance of a television cable system, may execute a mortgage or deed of trust upon any
or all of the system and all property used in connection therewith, including the franchise
or any part thereof. (c) The mortgage or deed of trust may contain the terms, conditions,
covenants, and warranties for the protection of the municipal corporation and holders of the
bonds or securities issued by the municipal corporation as may be determined and agreed upon
by the governing body of the municipal corporation and persons, firms, or...
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45-48A-61.02
Section 45-48A-61.02 Bond issue authorized. (a) In payment for the purchase, lease, construction,
acquisition, extension, or maintenance of the cable television system, the municipal corporation
may issue its bonds in the manner provided by law. (b) The municipal corporation, in order
to secure the prompt and faithful payment of the principal and interest of all debts, bonds,
or other evidences of indebtedness incurred or issued by it for the construction, acquisition,
lease, extension, or maintenance of a television cable system may execute a mortgage or deed
of trust upon any or all of the system and all property used in the operation, including the
franchise in whole or in part. (c) The mortgage or deed of trust may contain terms, conditions,
covenants, and warranties for the protection of the bond holders or securities issued by the
municipal corporation cable television system, as determined and agreed upon from time to
time by the governing body of the municipal corporation and...
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27-3-6.1
Section 27-3-6.1 Authority to transact insurance - Kind or combinations of kinds - Closing
or settlement protection. (a) Notwithstanding the provisions of subdivision (3) of Section
27-3-6, a title insurer may issue closing or settlement protection to a person who is a party
to a transaction in which a title insurance policy will be issued. (b) The form of closing
or settlement protection shall be submitted to and approved by the commissioner. (c) The closing
or settlement protection may indemnify a person only against loss of closing or settlement
funds because of one of the following acts of a settlement agent, such as a title insurance
agent or other settlement service provider which has been approved by the title insurer for
such protection, under the terms and conditions of the closing protection as approved by the
commissioner: (1) Theft or misappropriation of settlement funds in connection with a transaction
in which a title insurance policy or title insurance policies will be...
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8-9-2
Section 8-9-2 Certain agreements void unless in writing. In the following cases, every agreement
is void unless such agreement or some note or memorandum thereof expressing the consideration
is in writing and subscribed by the party to be charged therewith or some other person by
him thereunto lawfully authorized in writing: (1) Every agreement which, by its terms, is
not to be performed within one year from the making thereof; (2) Every special promise by
an executor or administrator to answer damages out of his own estate; (3) Every special promise
to answer for the debt, default or miscarriage of another; (4) Every agreement, promise or
undertaking made upon consideration of marriage, except mutual promises to marry; (5) Every
contract for the sale of lands, tenements or hereditaments, or of any interest therein, except
leases for a term not longer than one year, unless the purchase money, or a portion thereof
is paid and the purchaser is put in possession of the land by the seller;...
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