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35-6-101
Section 35-6-101 Appointment of appraisers; report. In such circumstances as described
in section 35-6-100, and in the event the parties cannot reach agreement as to the
price, the value of the interest or interests to be sold shall be determined by one or more
competent real estate appraisers or commissioners, as the court shall approve, appointed for
such purpose by the court. The appraisers or commissioners appointed under this section
shall make their report in writing to the court within 30 days after their appointment. (Acts
1979, No. 79-334, p. 532, §2.)...
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8-19A-12
Section 8-19A-12 Oral disclosures. (a) Within the first 30 seconds of a telephone call,
a commercial telephone seller or salesperson shall identify himself or herself by stating
his or her true name, the company on whose behalf the solicitation is being made, and the
consumer goods or services being sold. (b) If a sale or an agreement to purchase is completed,
the commercial telephone seller shall inform the purchaser of his or her cancellation rights
as provided in this chapter, state the license number issued by the division for both the
commercial telephone seller and the salesperson, and give the street address of the commercial
telephone seller. (c) All oral disclosures required by this section shall be made in
a clear and intelligible manner. (Acts 1994, No. 94-650, p. 1220, §12.)...
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8-37-2
Section 8-37-2 (Effective January 1, 2018) Definitions. For the purposes of this chapter,
the following words have the following meanings: (1) ADMINISTRATOR. A person, other than an
insurer or creditor, that performs administrative or operational functions pursuant to guaranteed
asset protection waiver programs. (2) BORROWER. A debtor, retail buyer or lessee, under a
finance agreement. (3) CREDITOR means any of the following: a. The lender in a loan or credit
transaction. b. The lessor in a lease transaction. c. Any retail seller of motor vehicles
in a retail installment transaction. d. The seller in commercial retail installment transactions.
e. The assignees of any of the foregoing to whom the credit or lease obligation is payable.
(4) FINANCE AGREEMENT. A loan, lease, or retail installment sales contract for the purchase
or lease of a motor vehicle. (5) FREE LOOK PERIOD. The period of time from the effective date
of the GAP waiver until the date the borrower may cancel the GAP...
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11-97-16
Section 11-97-16 Utility services agreements; incurring indebtedness by governmental
users; enforceability of utility services agreements. (a) Any county or municipality, or any
instrumentality of either thereof, if authorized by resolution or ordinance of its governing
body, may enter into one or more utility services agreements with a provider or providers
pursuant to which such provider or providers shall provide one or more utility services for,
or for the benefit of, any such governmental user that is a party to such utility services
agreement. Any such utility services agreement may provide for the purchase by the governmental
user thereunder of all or any part of the capacity, capability, or output of the facilities
used to provide the applicable utility services. Since the receipt of utility services by
a governmental user pursuant to a utility services agreement affords such governmental user
the benefits of such utility services without the burdens of ownership and operation...
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35-8A-411
Section 35-8A-411 Release of liens. (a) In the case of a sale of a unit where delivery
of an offering statement is required pursuant to Section 35-8A-402(c) or a disclosure
is made pursuant to Section 35-8A-407, a seller shall record or furnish to the purchaser
releases of all liens or an agreement to release any liens that encumber that unit and its
common element interest, except liens on real estate that a declarant has the right to withdraw
from the condominium, that the purchaser does not expressly agree in a written contract of
sale which specifically identifies such lien and its amount to take subject to or assume,
or provide a surety bond or substitute collateral for or insurance against the lien in the
manner provided for liens on real estate in Section 35-11-233(b). (b) In conveying
real estate to the association the declarant shall have that real estate released from: (i)
all liens the foreclosure of which would deprive unit owners of any right of access to or
easement of...
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6-5-485
Section 6-5-485 Settlement of disputes by arbitration. (a) After a physician, dentist,
medical institution, or other health care provider has rendered services, or failed to render
services, to a patient out of which a claim has arisen, the parties thereto may agree to settle
such dispute by arbitration. Such agreement must be in writing and signed by both parties.
Any such agreement shall be valid, binding, irrevocable, and enforceable, save upon such grounds
as exist in law or in equity for the revocation of any contract. (b) Pursuant to the provisions
of this section, the claimant shall select one competent and disinterested arbitrator,
and the party or parties against whom the claim is made shall select one competent and disinterested
arbitrator. The two arbitrators so named shall select a third arbitrator, or, if unable to
agree thereon within 30 days, then, upon request of any party, such third arbitrator shall
be selected by a judge of a court of record in the county in which...
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6-5-575
Section 6-5-575 Settlement of disputes by voluntary arbitration. (a) After a legal service
provider has rendered services, or failed to render services, to a client out of which a claim
has arisen, the parties thereto may agree to settle such dispute by arbitration. Such agreement
must be in writing and signed by both parties. Any such agreement shall be valid, binding,
irrevocable, and enforceable, save upon such grounds as exist in law or in equity for the
revocation of any contract. (b) Pursuant to the provisions of this section, the claimant
shall select one competent and disinterested arbitrator, and the party or parties against
whom the claim is made shall select one competent and disinterested arbitrator. The two arbitrators
so named shall select a third arbitrator, or, if unable to agree thereon within 30 days, then
upon request of any party, such third arbitrator shall be selected by a judge of a court of
record in the county in which the arbitration is pending. The...
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7-9A-201
Section 7-9A-201 General effectiveness of security agreement. (a) General effectiveness.
Except as otherwise provided in the Uniform Commercial Code, a security agreement is effective
according to its terms between the parties, against purchasers of the collateral, and against
creditors. (b) Applicable consumer laws and other law. A transaction subject to this article
is subject to any applicable rule of law which establishes a different rule for consumers
and to (i) any other statute or regulation that regulates the rates, charges, agreements,
and practices for loans, credit sales, or other extensions of credit and (ii) any consumer-protection
statute or regulation. (c) Other applicable law controls. In case of conflict between this
article and a rule of law, statute, or regulation described in subsection (b), the rule of
law, statute, or regulation controls. Failure to comply with a statute or regulation described
in subsection (b) has only the effect the statute or regulation...
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10A-1-4.13
Section 10A-1-4.13 Abandonment before effectiveness. (a) The parties to a filing instrument
may abandon the filing instrument if the instrument has not taken effect. (b) To abandon a
filing instrument the parties to the instrument must file with the filing officer a certificate
of abandonment. (c) A certificate of abandonment must: (1) be signed on behalf of each entity
that is a party to the action or transaction by the person authorized by this title to act
on behalf of the entity; (2) state the nature of the filing instrument to be abandoned, the
date of the instrument, and the parties to the instrument; and (3) state that the filing instrument
has been abandoned in accordance with the agreement of the parties. (d) On the filing of the
certificate of abandonment, the action or transaction evidenced by the original filing instrument
is abandoned and may not take effect. (e) If in the interim before a certificate of abandonment
is filed, the name of an entity that is a party to the...
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11-104-4
Section 11-104-4 Trustees. (a) A governmental entity or entities may retain as a trustee
any financial institution, committee, association, person, or persons which it deems capable,
competent, experienced, and appropriate for serving in such capacity. (b) The powers and duties
of the trustee shall be evidenced in and determined by the written trust agreement between
the trustee and the governmental entity or entities. (c) The trustee shall cause the annual
financial statements of the trust to be prepared in accordance with generally accepted accounting
principles and an audit by a qualified independent certified accounting firm to be conducted
of those financial statements of each respective trust for each fiscal year in accordance
with generally accepted auditing standards. (d) Reasonable trustee fees and the reasonable
expenses of holding, making, and disposing of investments, such as brokerage commissions,
legal expenses referable to a particular transaction, transfer taxes, and...
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