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35-10-30
Section 35-10-30 Penalty. (a) If, for 30 days after such request, the mortgagee or assignee
or transferee, trustee or cestui que trust, fails to make any entry required by this article
he forfeits to the party making the request $200.00 unless there is pending, or there is instituted,
an action within that time, in which the fact of partial payment or satisfaction is or may
be contested. In construing this article, the right of action given herein shall be considered
as a personal right, and shall not be lost or waived by a sale of the property covered by
the mortgage or deed of trust before a demand was made for the satisfaction to be entered
upon the record. (b) All actions for the recovery of the penalties mentioned in this article
shall be brought in the county where such mortgage or other instrument is recorded. (c) This
section does not apply to satisfactions of residential mortgages which are governed by the
Alabama Residential Mortgage Satisfaction Act. (Code 1852, ยงยง1343,...
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8-9B-9
Section 8-9B-9 Defenses, liability, and protection of transferee. (a) A transfer is not voidable
under Section 8-9B-5(a)(1) against a person that took in good faith and for a reasonably equivalent
value given the debtor or against any subsequent transferee that took in good faith. (b) To
the extent a transfer is avoidable in an action by a creditor under Section 8-9B-8(a)(1),
the following rules apply: (1) Except as otherwise provided in this section, the creditor
may recover judgment for the value of the asset transferred, as adjusted under subsection
(c), or the amount necessary to satisfy the creditor's claim, whichever is less. The judgment
may be entered against: (i) the first transferee of the asset or the person for whose benefit
the transfer was made; or (ii) any subsequent transferee, other than: (A) a good-faith transferee
that took for value; or (B) a subsequent transferee of a person described in clause (A). (2)
Recovery pursuant to Section 8-9B-8(a)(1) or (b) of or from...
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40-21-121
Section 40-21-121 Levy of tax; procedure for collecting tax. (a) There is hereby levied, in
addition to all other taxes of every kind now imposed by law, and shall be collected as provided
herein, a privilege or license tax against every home service provider doing business in the
State of Alabama on account of the furnishing of mobile telecommunications service to a customer
with a place of primary use in the State of Alabama by said home service provider. The amount
of the tax shall be determined by the application of the rates against gross sales or gross
receipts, as the case may be, from the monthly charges from the furnishing of mobile telecommunications
service to a customer with a place of primary use in the State of Alabama and shall be computed
monthly with respect to each person to whom services are furnished at the rate of four percent
on bills dated prior to February 1, 2002, and at the rate of six percent on bills dated on
or after February 1, 2002, regardless of when the...
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4-3-47
Section 4-3-47 Powers of authority generally. The authority shall have the following powers,
together with all powers incidental thereto or necessary to the discharge thereof in corporate
form: (1) To have succession by its corporate name for the duration of time (which may be
in perpetuity) specified in its certificate of incorporation; (2) To sue and be sued in its
own name in civil actions, excepting actions in tort against the authority; (3) To adopt and
make use of a corporate seal and to alter the same at pleasure; (4) To adopt and alter bylaws
for the regulation and conduct of its affairs and business; (5) To acquire, receive, take
and hold, whether by purchase, option to purchase, gift, lease, devise or otherwise, property
of every description, whether real, personal or mixed, whether in one or more counties and
whether within or without the corporate limits of any authorizing subdivision, and to manage
said property and to develop any property and to sell, exchange, lease or...
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35-10-26
Section 35-10-26 Title revested upon payment of debt. The payment or satisfaction of the real
property mortgage debt divests the title passing by the mortgage. "Payment or satisfaction
of the real property mortgage debt" shall not occur until there is no outstanding indebtedness
or other obligation secured by the mortgage, and no commitment or agreement by the mortgagee
to make advances, incur obligations or otherwise give value (collectively referred to as "extend
value"), under any agreement, including, without limitation, agreements providing for
future advances, open end, revolving or other lines of credit, or letters of credit. Except
as otherwise specifically provided to the contrary in the Alabama Residential Mortgage Satisfaction
Act, upon the written request to satisfy a mortgage signed by the mortgagors and by all other
persons who have a right to require the mortgagee to extend value or signed by other authorized
representatives on behalf of the mortgagors and such other...
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41-4-96
Section 41-4-96 Penalties for violations of article. A wilful and knowing refusal to perform
any of the requirements of this article or a wilful and knowing refusal to perform any rule
or requirement or request of the Governor, Director of Finance or the Budget Officer made
pursuant to or under authority of this article by any trustee, commissioner, director, manager,
building committee or other officer or person connected with any department, board, bureau,
commission, agency, office or institution of the state shall subject the offender to a penalty
of $250.00, to be recovered in an action instituted in the Circuit Court of Montgomery County
by the Attorney General for the use of the State of Alabama and shall also constitute a misdemeanor,
punishable by fine or imprisonment or both, in the discretion of the court, and shall subject
such offender to dismissal from office by the person, department, board, bureau, commission,
agency, office or institution of the state under which such...
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7-2A-103
Section 7-2A-103 Definitions and index of definitions. (1) In this article unless the context
otherwise requires: (a) "Buyer in ordinary course of business" means a person who
in good faith and without knowledge that the sale to him or her is in violation of the ownership
rights or security interest or leasehold interest of a third party in the goods, buys in ordinary
course from a person in the business of selling goods of that kind but does not include a
pawnbroker. "Buying" may be for cash or by exchange of other property or on secured
or unsecured credit and includes receiving goods or documents of title under a pre-existing
contract for sale but does not include a transfer in bulk or as security for or in total or
partial satisfaction of a money debt. (b) "Cancellation" occurs when either party
puts an end to the lease contract for default by the other party. (c) "Commercial unit"
means such a unit of goods as by commercial usage is a single whole for purposes of lease
and...
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41-23-85
Section 41-23-85 Functions of board and division. (a) The board shall exercise authority with
respect to all matters pertaining to the acceptance and adoption, and implementation of the
Alabama Energy and Residential Codes by the State of Alabama. In so doing, the board may perform
any of the following functions: (1) Review, amend, and adopt the Alabama Energy and Residential
Codes. The board shall consider updates and changes to the codes referenced herein no less
than two years after the date of publication of the most recent version of the codes. (2)
Evaluate, assess, advise, and counsel the division and the units of local government, on residential
energy codes and the impact of those codes upon the economy and the environment. (3) Solicit
and enlist the cooperation of all appropriate private-sector and community-based organizations
to implement the purpose of this article. (4) Make recommendations to the division for the
enactment of additional legislation as it deems necessary...
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23-2-172
Section 23-2-172 Enforcement of judgments. THIS SECTION WAS AMENDED BY ACT 2019-501 IN THE
2019 REGULAR SESSION, EFFECTIVE JANUARY 1, 2024. TO SEE THE AMENDED VERSION, SEE THE VERSION
LABELED PENDING. (a) If a municipal or district court determines that the person or entity
charged with liability under this article is liable, the court shall enter a judgment against
the person or entity and mail a copy of the judgment thereto. The court shall collect the
unpaid tolls and administrative fee. The court may impose court costs and a civil penalty
of up to one hundred dollars ($100) for each violation. Tolls, fees, and penalties shall be
forwarded to the entity administering the tolls at the facility where the violation occurred.
(b) Upon failure to satisfy a judgment within 60 days of its entry and upon the written request
of the authority, department, private toll entity, or an agent or representative thereof,
it shall be the duty of the clerk of the court, or of the judge of a court...
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35-10-29
Section 35-10-29 Entry of full payment or satisfaction in record - Vendor's or other lien reserved
in conveyance. When a vendor's or other lien is reserved in any conveyance, which is of record,
of real or personal property to secure the payment of the purchase money recited in such conveyance,
upon the payment in full of such purchase money, the grantor, or his executor, administrator
or other person in whom the ownership of such lien is vested at the time of the payment of
such purchase money, must, on the request in writing of the grantee, his executor, administrator
or assigns, or of a judgment or other creditor of the grantee, enter the fact of payment on
the margin of the record of such conveyance in the manner as required by this article. Such
entry operates a release of such lien and is a bar to all actions thereon. If for 30 days
after such request, the grantor, or his executor, administrator or other person in whom the
ownership of such lien is vested at the time of such...
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