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32-20-2
Section 32-20-2 Definitions. For purposes of this chapter, the following terms shall have the
meanings respectively ascribed to them in this section, except where the context clearly indicates
a different meaning: (1) DEALER. A person licensed by the Alabama Manufactured Housing Commission
as a manufactured home retailer and engaged regularly in the business of buying, selling,
or exchanging manufactured homes in this state, and having an established place of business.
(2) DEPARTMENT. The Department of Revenue of this state. (3) DESIGNATED AGENT. Each judge
of probate, commissioner of licenses, director of revenue, or other county official in this
state authorized and required by law to issue motor vehicle license tags, unless otherwise
provided by law, who may perform his or her duties under this chapter personally or through
his or her deputies, or such other persons located in this state, as the department may designate.
The term shall also mean those dealers as herein defined who...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-20-2.htm - 5K - Match Info - Similar pages
39-2-12
Section 39-2-12 Partial and final payments of contractors by awarding authorities. (a) As used
in this section the following words shall have the meanings ascribed to them as follows: (1)
CONTRACTOR. Any natural person, partnership, company, firm, corporation, association, limited
liability company, cooperative, or other legal entity licensed by the Alabama State Licensing
Board for General Contractors. (2) NONRESIDENT CONTRACTOR. A contractor which is neither a.
organized and existing under the laws of the State of Alabama, nor b. maintains its principal
place of business in the State of Alabama. A nonresident contractor which has maintained a
permanent branch office within the State of Alabama for at least five continuous years shall
not thereafter be deemed to be a nonresident contractor so long as the contractor continues
to maintain a branch office within Alabama. (3) RETAINAGE. That money belonging to the contractor
which has been retained by the awarding authority conditioned on...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/39-2-12.htm - 18K - Match Info - Similar pages
32-20-41
Section 32-20-41 Perfection of security interest. (a) Unless excepted by this section, a security
interest in a manufactured home for which a certificate of title is required by the terms
of this chapter is not valid against creditors of the owner or subsequent transferees or lienholders
of the manufactured home unless perfected as provided in this article or previously perfected
under the terms of Chapter 8 of this title. (b) A security interest is perfected by the delivery
to the department of the existing certificate of title, if any, an application for a certificate
of title containing the name and address of the lienholder and the date of his or her security
agreement and the required fee. It is perfected as of the time of its creation if the delivery
is completed within 30 days thereafter, otherwise, as of the time of the delivery. (Act 2009-746,
p. 2236, §4; Act 2017-442, §2 (b)(4).)...
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7-9A-311
Section 7-9A-311 Perfection of security interests in property subject to certain statutes,
regulations, and treaties. (a) Security interest subject to other law. Except as otherwise
provided in subsection (d), the filing of a financing statement is not necessary or effective
to perfect a security interest in property subject to: (1) a statute, regulation, or treaty
of the United States whose requirements for a security interest's obtaining priority over
the rights of a lien creditor with respect to the property preempt Section 7-9A-310(a); (2)
Chapter 8 or Chapter 20 of Title 32 or another statute of this state which provides for a
security interest to be indicated on a certificate of title as a condition or result of the
security interest's obtaining priority over the rights of a lien creditor with respect to
the collateral, or any central filing system created by another statute of this state governing
perfection of a security interest in collateral that is subject to this article;...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-9A-311.htm - 3K - Match Info - Similar pages
32-8-62
Section 32-8-62 Procedure when owner creates security interest. If an owner creates a security
interest in a vehicle: (1) The owner shall immediately execute the application in the space
provided therefor on the certificate of title, or on a separate form the department prescribes
to name the lienholder on the certificate showing the name and address of the lienholder and
the date of his security agreement, and cause the certificate, application and the required
fee to be delivered to the lienholder. (2) The lienholder shall immediately cause the certificate,
application and required fee to be mailed or delivered to the department. (3) Upon request
of the owner or subordinate lienholder, a lienholder in possession of the certificate of title
shall either mail or deliver the certificate to the subordinate lienholder for delivery to
the department, or, upon receipt from the subordinate lienholder of the owner's application
and the required fee, mail or deliver them to the department with...
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32-8-44
Section 32-8-44 Transfer of ownership - Generally. (a) If an owner transfers his interest in
a vehicle, other than by the creation of a security interest, he shall, at the time of the
delivery of the vehicle, execute an assignment and warranty of title to the transferee in
the space provided therefor on the certificate or as the department prescribes, and cause
the certificate and assignment to be mailed or delivered to the transferee or to the department.
(b) Except as provided in this section, the transferee shall, promptly after delivery to him
of the vehicle, execute the application for a new certificate of title in the space provided
therefor on the certificate or as the department prescribes, and cause the certificate and
application to be mailed or delivered to a designated agent. (c) Upon request of the owner
or transferee, a lienholder in possession of the certificate of title shall, unless the transfer
was a breach of his security agreement, deliver the certificate to the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-8-44.htm - 1K - Match Info - Similar pages
7-9A-335
Section 7-9A-335 Accessions. (a) Creation of security interest in accession. A security interest
may be created in an accession and continues in collateral that becomes an accession. (b)
Perfection of security interest. If a security interest is perfected when the collateral becomes
an accession, the security interest remains perfected in the collateral. (c) Priority of security
interest. Except as otherwise provided in subsection (d), the other provisions of this part
determine the priority of a security interest in an accession. (d) Compliance with certificate-of-title
statute. A security interest in an accession is subordinate to a security interest in the
whole which is perfected by compliance with the requirements of a certificate-of-title statute
under Section 7-9A-311(b). (e) Removal of accession after default. After default, subject
to Part 6, a secured party may remove an accession from other goods if the security interest
in the accession has priority over the claims of every...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-9A-335.htm - 2K - Match Info - Similar pages
32-8-39
Section 32-8-39 Contents and effect of certificate. (a) Each certificate of title issued by
the department shall contain: (1) The date issued; (2) The current legal name and current
address of the owner; (3) The names and addresses of any lienholders in the order of priority
as shown on the application, or if the application is based on a certificate of title, as
shown on the certificate; (4) The title number; (5) A description of the vehicle including
the following data: year, make, model, vehicle identification number, type of body, number
of cylinders, whether new or used and if a new vehicle the date of the first sale of the vehicle
for use; and (6) Any other data the department prescribes. (b) Unless security is furnished
as provided in Section 32-8-36, a distinctive certificate of title shall be issued for a vehicle
last previously registered in another state or country, the laws of which do not require that
lienholders be named on a certificate of title to perfect their security...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-8-39.htm - 2K - Match Info - Similar pages
22-21-260
Section 22-21-260 Definitions. As used in this article, the following words and terms, and
the plurals thereof, shall have the meanings ascribed to them in this section, unless otherwise
required by their respective context: (1) ACQUISITION. Obtaining the legal equitable title
to a freehold or leasehold estate or otherwise obtaining the substantial benefit of such titles
or estates, whether by purchase, lease, loan or suffrage, gift, devise, legacy, settlement
of a trust or means whatever, and shall include any act of acquisition. The term "acquisition"
shall not mean or include any conveyance, or creation of any lien or security interest by
mortgage, deed of trust, security agreement, or similar financing instrument, nor shall it
mean or include any transfer of title or rights as a result of the foreclosure, or conveyance
or transfer in lieu of the foreclosure, of any such mortgage, deed of trust, security agreement,
or similar financing instrument, nor shall it mean or include any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-260.htm - 11K - Match Info - Similar pages
32-20-31
Section 32-20-31 Transfer of interest by dealer. (a) If a dealer buys a manufactured home and
holds it for resale and procures the certificate of title from the owner or the lienholder
he or she need not send the certificate to the department but, upon transferring the manufactured
home to another person other than by the creation of a security interest, shall promptly execute
the assignment and warranty of title by a dealer, showing the names and addresses of the transferee
and of any lienholder holding a security interest created or reserved at the time of the resale
and the date of his or her security agreement, in the spaces provided therefor on the certificate
or as the department prescribes, and mail or deliver the certificate to a designated agent
with the transferee's application for a new certificate. (b) Every dealer shall maintain for
five years a record in the form the department prescribes of every manufactured home bought,
sold, or exchanged by him or her or received by...
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