10A-2A-11.07
Section 10A-2A-11.07 Effect of merger or stock exchange. (a) When a merger becomes effective:
(1) the surviving organization continues or, in the case of a surviving organization created
pursuant to the merger, comes into existence; (2) each constituent organization that merges
into the surviving organization ceases to exist as a separate entity; (3) except as provided
in the plan of merger, all property owned by, and every contract right possessed by, each
constituent organization that ceases to exist vests in the surviving organization without
transfer, reversion, or impairment and the title to any property and contract rights vested
by deed or otherwise in the surviving organization shall not revert, be in any way impaired,
or be deemed to be a transfer by reason of the merger; (4) all debts, obligations, and other
liabilities of each constituent organization, other than the surviving organization, are debts,
obligations, and liabilities of the surviving organization, and neither...
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10A-5A-10.08
Section 10A-5A-10.08 Effect of merger. (a) When a merger becomes effective: (1) the surviving
organization continues or, in the case of a surviving organization created pursuant to the
merger, comes into existence; (2) each constituent organization that merges into the surviving
organization ceases to exist as a separate entity; (3) except as provided in the plan of merger,
all property owned by, and every contract right possessed by, each constituent organization,
or series thereof, that ceases to exist vests in the surviving organization without transfer,
reversion, or impairment and the title to any property and contract rights vested by deed
or otherwise in the surviving organization shall not revert, be in any way impaired, or be
deemed to be a transfer by reason of the merger; (4) all debts, obligations, and other liabilities
of each constituent organization, or series thereof, other than the surviving organization,
are debts, obligations, and other liabilities of the surviving...
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10A-8A-9.09
Section 10A-8A-9.09 Effect of merger. (a) When a merger becomes effective: (1) the surviving
organization continues or, in the case of a surviving organization created pursuant to the
merger, comes into existence; (2) each constituent organization that merges into the surviving
organization ceases to exist as a separate entity; (3) except as provided in the plan of merger,
all property owned by, and every contract right possessed by, each constituent organization
that ceases to exist vests in the surviving organization without transfer, reversion, or impairment
and the title to any property and contract rights vested by deed or otherwise in the surviving
organization shall not revert, be in any way impaired, or be deemed to be a transfer by reason
of the merger; (4) all debts, obligations, and other liabilities of each constituent organization,
other than the surviving organization, are debts, obligations, and other liabilities of the
surviving organization, and neither the rights of...
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35-4-21
Section 35-4-21 Seal unnecessary. A seal is not necessary to convey the legal title to land
to enable the grantee to bring a civil action. Any instrument in writing, signed by the grantor
or his agent having a written authority, is effectual to transfer the legal title to the grantee,
if such was the intention of the grantor, to be collected from the entire instrument. (Code
1852, §2198; Code 1867, §2599; Code 1876, §2948; Code 1886, §2694; Code 1896, §983; Code
1907, §3356; Code 1923, §6839; Code 1940, T. 47, §23.)...
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35-4-150
Section 35-4-150 Civil action for reformation of conveyances containing erroneous description.
Any person claiming title to land directly or remotely from the grantee in a deed, mortgage,
or other conveyance containing an erroneous description, may maintain a civil action in a
circuit court for the reformation of such deed, mortgage, or other conveyance and shall be
entitled to relief in all cases in which the grantee in the deed, mortgage, or other conveyance
containing an erroneous description would be entitled to relief. (Acts 1911, No. 227, p. 199;
Code 1923, §6960; Code 1940, T. 47, §133.)...
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35-9-9
Section 35-9-9 Remedies extended to lessor's grantees, etc. The grantees of any demised lands,
tenements, rents or other hereditaments, or of the reversion thereof, the assignees of the
lessor of any demise, and the heirs and personal representatives of the lessor, grantee or
assignee, shall have the same remedies by entry, action or otherwise, for the nonperformance
of any agreement in the lease, or for the recovery of any rent, or for the doing of any waste
or other cause of forfeiture, as their grantor or lessor might have had if such reversion
had remained in such lessor or grantor. (Code 1923, §8827; Code 1940, T. 31, §10.)...
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30-4-31
Section 30-4-31 Conveyance of real estate by husband when wife insane - Conveyance to be accompanied
by judgment or certification of wife's insanity; conclusiveness of judgment or certificate.
All conveyances under Section 30-4-30 shall state that the grantor is a married man and that
his wife is insane, and shall have attached to it a copy of the judgment of the court declaring
the wife insane, or shall have attached to such deed a copy of the certificate of the superintendent
of any Alabama state hospital for the insane, that, in his opinion, the wife of such grantor
in such deed is permanently insane. And such judgment or certificate, when so attached, shall,
in the absence of fraud in procuring the same, be conclusive of the wife's insanity and of
the right of the husband to execute such conveyance. (Code 1907, §4496; Code 1923, §8271;
Code 1940, T. 34, §82.)...
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45-2-83.20
Section 45-2-83.20 Names and addresses of grantors and grantees required. (a) The Probate Judge
of Baldwin County shall not receive for record or permit the recording of an instrument in
which the title to real property, or of any interest therein, or lien thereon, is conveyed,
granted, encumbered, assigned, or otherwise disposed of, unless such an instrument has endorsed
on it, printed, typewritten, or stamped thereon, the grantee's and grantor's names and latest
complete addresses. (b) The probate judge shall not be liable in damages or penalty for any
error or mistake in the performance of the duties by this section if committed in good faith.
(c) This requirement imposed by subsection (a) shall be construed to be in addition to and
supplemental to any other laws relating to the recording of any vesting instruments, conveying
title or any interest to real property. (Act 82-842, 3rd Sp. Sess., p. 373, §§1-3.)...
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11-59-13
Section 11-59-13 Powers of corporations as to conveyances, etc., of title to facilities. Nothing
contained in this chapter shall be construed to authorize the corporation to lease, sell,
or transfer any of its facilities so as to vest title thereto or the use thereof in private
ownership or control; provided, that any of its facilities may be made subject to a mortgage
or deed of trust as security for its bonds issued pursuant to the provisions of this chapter;
provided further, that any portions of such facilities which may become worn out or obsolete
or shall not be needed for use in the operations of the corporation may be sold or otherwise
disposed of as the board of directors of the corporation may deem advisable. (Acts 1947, No.
231, p. 94, §17.)...
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35-4-271
Section 35-4-271 Construction of words "grant," "bargain," or "sell";
when covenants of warranty implied. In all conveyances of estates in fee, the words "grant,"
"bargain," "sell," or either of them, must be construed, unless it otherwise
clearly appears from the conveyance, an express covenant to the grantee, his heirs and assigns,
that the grantor was seised of an indefeasible estate in fee simple, free from incumbrances
done or suffered by the grantor, except the rents and services that are reserved; and also
for quiet enjoyment against the grantor, his heirs and assigns, unless limited by the express
words of such conveyance; and the grantee, his heirs, personal representatives, and assigns
may, in any action, assign breaches, as if such covenants were expressly inserted. (Code 1852,
§1314; Code 1867, §1584; Code 1876, §2193; Code 1886, §1839; Code 1896, §1035; Code 1907,
§3421; Code 1923, §6926; Code 1940, T. 47, §154.)...
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