|
40-29-24
in possession of (or obligated with respect to) property or rights to property subject to levy
upon which a levy has been made shall, upon demand of the Commissioner of Revenue or his delegate,
surrender such property or rights (or discharge such obligation) to the Commissioner of Revenue
or his delegate, except such part of the property or rights as is, at the time of such demand,
subject to an attachment or execution under any judicial process. (b) Enforcement of levy.
(1) EXTENT OF PERSONAL LIABILITY. Any person who fails or refuses to surrender any
property or rights to property, subject to levy, upon demand by the Commissioner of Revenue,
shall be liable in his own person and estate to the State of Alabama in a sum equal to the
value of the property or rights not so surrendered, but not exceeding the amount of taxes
for the collection of which such levy has been made, together with costs and interest on such
sum at an annual rate established by law from the date of such levy...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-29-24.htm - 3K - Match Info - Similar pages
40-10-125
Section 40-10-125 Redeeming lots and parcels without redeeming entire property - How redeemed.
A person desiring to redeem any separate lot or parcel of land as authorized by Section 40-10-124
must file with the judge of probate an application in writing, under oath, setting forth the
date of the decree, the name of the defaulting taxpayer against whom the same was rendered,
the description and character of each lot or parcel of land included in the decree and the
assessed value thereof, if separately valued in the assessment or, if not separately valued,
stating that fact and stating the assessed value of the whole of the lands, a description
of the lot or parcel which the applicant seeks to redeem and, if not separately valued in
the assessment, stating the value thereof at the time of the assessment and the nature of
his interest in such lot or parcel; and such applicant must deposit with the judge of probate
a sum of money which bears the same proportion to the amount of taxes,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-10-125.htm - 1K - Match Info - Similar pages
40-10-133
Section 40-10-133 Notice to former owner of application to purchase land bid in by state. When
application is made to the Land Commissioner by any person to purchase lands in which such
person had no interest, the Land Commissioner shall mail a notice in writing to the owner,
or some person having an interest in such land, if his place of residence is known, or, if
not known, then to the judge of probate of the county in which such lands are situated, informing
him that such application has been made and fixing a reasonable time within which such owner
or such other person having an interest in the lands may redeem the same. The judge of probate
shall cause the notice to be posted at the courthouse, and he shall mail a copy of said notice
to the owner, if known to him; and if such lands are not redeemed within the time so fixed,
the same shall be sold to the applicant or any other person desiring to purchase the same
without other or further notice to such owner or persons having an...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-10-133.htm - 1K - Match Info - Similar pages
7-8-102
Section 7-8-102 Definitions. (a) In this article: (1) "Adverse claim" means a claim
that a claimant has a property interest in a financial asset and that it is a violation of
the rights of the claimant for another person to hold, transfer, or deal with the financial
asset. (2) "Bearer form," as applied to a certificated security, means a form in
which the security is payable to the bearer of the security certificate according to its terms
but not by reason of an indorsement. (3) "Broker" means a person defined as a broker
or dealer under the federal securities laws, but without excluding a bank acting in that capacity.
(4) "Certificated security" means a security that is represented by a certificate.
(5) "Clearing corporation" means: (i) a person that is registered as a "clearing
agency" under the federal securities laws; (ii) a federal reserve bank; or (iii) any
other person that provides clearance or settlement services with respect to financial assets
that would require it to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-8-102.htm - 6K - Match Info - Similar pages
11-48-56
Section 11-48-56 Application for entry of certificate of warning to redeem upon record of local
improvement assessment sale deed; contents of certificate. At any time after a local improvement
assessment sale deed has been recorded in the office of the probate judge of the county in
which the property therein described lies and after expiration of the fixed two-year period
of redemption allowed by Section 11-48-54, any person may apply to such probate judge for
entry upon the margin of the record of such deed of a certificate of warning to redeem in
substantially the following form: "I hereby certify that on or prior to the date of this
certificate, I mailed a compared copy of the deed here recorded, together with notice that
the same is here recorded, and a warning to redeem to each of the one or more persons other
than the grantee in said deed, to whom the property therein described was last finally assessed
for ad valorem taxation at the address of each such person as shown by said...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-48-56.htm - 1K - Match Info - Similar pages
11-53B-6
Section 11-53B-6 Assessment of costs. The municipality shall have the power to assess the costs
authorized herein against any lot or lots, parcel or parcels of land purchased by the State
of Alabama at any sale for the nonpayment of taxes, and where such an assessment is made against
the lot or lots, parcel or parcels of land, a subsequent redemption thereof by any person
authorized to redeem, or sale thereof by the state, shall not operate or discharge, or in
any manner affect the lien of the city for the assessment, but any redemptioner or purchaser
at any sale by the state of any lot or lots, parcel or parcels of land upon which an assessment
has been levied, whether prior to or subsequent to a sale by the state for the nonpayment
of taxes, shall take the same subject to the assessment. (Act 2002-522, p. 1355, ยง6.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-53B-6.htm - 1K - Match Info - Similar pages
11-70-2
property is located, a notice of its intention to file an expedited quiet title and foreclosure
action. The notice shall include a legal description of the property, street address of the
property if available, a statement that the property is subject to expedited quiet title and
foreclosure proceedings under this chapter, and a statement that those proceedings may extinguish
any legal interests in the property. As used herein, interested parties shall mean the owner,
his or her heirs or personal representatives, any mortgagee or purchaser of the subject
property or any part thereof, and any party with an interest in the property, 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 any part thereof. (b) The municipality shall make
a good faith effort to identify the interested parties and the addresses at which they can
be reached. The municipality shall be presumed to have made a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-70-2.htm - 2K - Match Info - Similar pages
11-48-58
Section 11-48-58 Redemption of property during extended redemption period. Redemption may be
effected after expiration of the fixed two-year period of redemption allowed or provided by
Section 11-48-54 and before the extended period of redemption has expired in the same manner
and at the same redemption price as is provided in Section 11-48-54; provided, that if the
probate judge has made the certificate of warning to redeem as provided in Section 11-48-57,
said redemption price shall be increased by $1.00; provided further, that if the grantee in
the aforesaid public improvement assessment sale deed or any person deraigning any title or
right under him shall have placed any improvements upon said property after expiration of
the fixed two-year period of redemption allowed or provided by Section 11-48-54, then redemption
must be effected by a civil action, and the redemption price shall be increased by the value
of such improvements, to be ascertained in such civil action by the court....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-48-58.htm - 1K - Match Info - Similar pages
11-40-62
Section 11-40-62 Definitions. As used in this article, the following words and phrases shall
have the following meanings: (1) INTERESTED PARTY. Includes the following parties: a. The
person who last appears as owner of the real property in the county office of the judge of
probate's property records. b. The current mortgagee of record of the property or assignee
of record of the mortgagee. c. The current holder of a beneficial interest in a deed of trust
recorded against the real property. d. A tax certificate holder. e. A tax sale purchaser that
holds a deed of purchase in accordance with Section 40-10-29. f. Any party having an interest
in the real property, or in any part thereof, legal or equitable, in severalty or as tenant
in common, whose identity and addresses are reasonably ascertainable from the records of the
Class 2 municipality or records maintained in the county office of the judge of probate or
as revealed by a full title search, consisting of 50 years or more. g. An...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-40-62.htm - 6K - Match Info - Similar pages
40-10-184
Section 40-10-184 Auction procedures; winning bids; no extinguishment of restrictions, covenants,
etc. (a) On the day and time designated for a tax lien auction, the tax collecting official
shall proceed to auction all tax liens described in the tax lien auction list compiled as
provided in Section 40-10-183, except those for which the taxes, penalties, interest, fees,
and costs thereon have been paid. Any tax lien unsold after a tax lien auction shall be retained
by the county for future auction or sale as provided in this article. (b) A tax lien shall
be sold at auction pursuant to this article to the person who pays all taxes, interest, penalties,
fees, and costs due on the property, including an origination cost of twenty dollars ($20)
as of the date of auction and a twenty dollar ($20) auction fee, and who, in addition, bids
the lowest interest rate on the amount required to be paid to redeem the property from the
sale. The beginning interest rate bid shall not exceed a rate of 12...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-10-184.htm - 1K - Match Info - Similar pages
|