|
26-2A-6
Section 26-2A-6 Facility of payment or delivery; notice of payment. (a) Any person under a
duty to pay or deliver money or personal property to a minor may perform the duty, in amounts
as provided in this subsection, by paying or delivering the money or personal property to:
(1) Any person having the care and custody of the minor and with whom the minor resides; (2)
A guardian of the minor; or (3) The judge of probate of the county in which the minor resides,
if a resident of this state, or, if a nonresident, to the judge of probate or like officer
of the county in which the debtor or creditor resides. Payments under this subsection must
not exceed $5,000 if paid in a single payment, or $3,000 a year if paid in a series of payments,
and payments, by any person other than a conservator or judge, must not exceed a maximum of
$25,000 during the minority of the minor ward. The person obligated to make payment is discharged
of that duty or obligation by making the payment or delivery and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/26-2A-6.htm - 2K - Match Info - Similar pages
35-10-23
Section 35-10-23 Partial payments - Notices or demands to enter partial payments or satisfaction.
All notices or demands to enter partial payments or satisfaction of balance of debt secured
as is provided in section 35-10-21 shall be in writing and signed by the party or parties
who are entitled to have the entries of record made, or by their personal representative,
or by their agents duly authorized in writing to give such notices or make such demand; and
the notice or demand shall be served in person upon the owner or holder of such lien or upon
his agent who is authorized to receive payment of such debt, or any part secured by the lien,
or by mailing by registered or certified mail with request for return receipt, a copy of such
written demand or notice to such owner or holder of the lien or to any agent of his who would
be authorized to receive such payments of the debts or demands so secured by the recorded
lien. This letter must be addressed to the usual known address of such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-10-23.htm - 1K - Match Info - Similar pages
35-20-12
Section 35-20-12 Liens for unpaid assessments. (a) Except as may be otherwise provided in the
declaration or the governing documents of an association, an association shall have, and there
is declared, a lien on every lot for unpaid assessments levied against that lot arising on
and from the date the assessment is due as fixed and determined by the board of directors
at an annual meeting after giving notice as provided in Chapter 3 of Title 10A. The lien may
be enforced or foreclosed as provided in the declaration or governing documents or as provided
in this section. Written notice of the assessment and lien shall be given to the owner of
any lot on which the assessment and lien is claimed by personal delivery or first class United
States mail, postage prepaid. (b) A lien declared by this section shall have priority, except
as may be otherwise provided in Chapters 4 and 11, over all other subsequent liens and encumbrances
except state and county ad valorem taxes, municipal improvement...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-20-12.htm - 3K - Match Info - Similar pages
26-2A-153
Section 26-2A-153 Distributive duties and powers of conservator. (a) A conservator may expend
or distribute income or principal of the estate without court authorization or confirmation
for the health, support, education, or maintenance of the protected person and dependents
in accordance with the following principles: (1) The conservator shall consider recommendations
relating to the appropriate standard of support, education, and benefit for the protected
person or dependents made by a parent or guardian, if any. The conservator may not be surcharged
for sums paid to persons or organizations furnishing support, education, or maintenance to
the protected person or a dependent pursuant to the recommendations of a parent or guardian
of the protected person unless the conservator knows that the parent or guardian derives personal
financial benefit therefrom, including relief from any personal duty of support, or the recommendations
are clearly not in the best interest of the protected...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/26-2A-153.htm - 5K - Match Info - Similar pages
26-2A-157
Section 26-2A-157 Personal liability of conservator. (a) Unless otherwise provided in the contract,
a conservator is not personally liable on a contract properly entered into in fiduciary capacity
in the course of administration of the estate unless the conservator fails to reveal the representative
capacity and identify the estate in the contract. (b) The conservator is personally liable
for obligations arising from ownership or control of property of the estate or for torts committed
in the course of administration of the estate only if personally at fault. (c) Claims based
on (i) contracts entered into by a conservator in fiduciary capacity, (ii) obligations arising
from ownership or control of the estate, or (iii) torts committed in the course of administration
of the estate, may be asserted against the estate by proceeding against the conservator in
fiduciary capacity, whether or not the conservator is personally liable therefor. (d) Any
question of liability between the estate...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/26-2A-157.htm - 1K - Match Info - Similar pages
19-3A-102
Section 19-3A-102 Definitions. As used in this chapter, the following terms are defined as
follows: (1) ACCOUNTING PERIOD. A calendar year unless another 12-month period is selected
by a fiduciary. The term includes a portion of a calendar year or other 12-month period that
begins when an income interest begins or ends when an income interest ends. (2) BENEFICIARY.
Includes, in the case of a decedent's estate, an heir, legatee, and devisee and, in the case
of a trust, an income beneficiary and a remainder beneficiary. (3) FIDUCIARY. A personal representative
or a trustee. The term includes an executor, administrator, successor personal representative,
special administrator, and a person performing substantially the same function. (4) INCOME.
Money or property that a fiduciary receives as current return from a principal asset. The
term also includes a portion of receipts from a sale, exchange, or liquidation of a principal
asset, to the extent provided in Article 4. (5) INCOME...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/19-3A-102.htm - 4K - Match Info - Similar pages
45-46-90.10
Section 45-46-90.10 Lien on pledge of revenues. Any pledge of revenues from the operation of
facilities of an authority shall be valid and binding from the time it is made, and the revenues
so pledged and thereafter received by the authority shall immediately become subject to the
lien of such pledge without any physical delivery thereof or further act. The lien of such
pledge shall be valid and binding against all parties having claims of any kind in tort, contract,
or otherwise against the authority, irrespective of whether the parties have actual notice
thereof, from the time a statement is filed in the office of the Judge of Probate of Marengo
County, Alabama. Such notice need state only the date on which the resolution authorizing
the issuance of the bonds was adopted by the board, the principal amount of bonds issued,
a brief description of the revenues so pledged, and a brief description of any property the
revenues from which are so pledged. The method provided in this section...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-46-90.10.htm - 1K - Match Info - Similar pages
8-6-147
Section 8-6-147 Assent of owner; discharge from claims. (a) A registering entity is not required
to offer or to accept a request for security registration in beneficiary form. If a registration
in beneficiary form is offered by a registering entity, the owner requesting registration
in beneficiary form assents to the protections given to the registering entity by this article.
(b) By accepting a request for registration of a security in beneficiary form, the registering
entity agrees that the registration will be implemented on death of the deceased owner as
provided in this article. (c) A registering entity is discharged from all claims to a security
by the estate, creditors, heirs, or devisees of a deceased owner if it registers a transfer
of a security in accordance with Section 8-6-146 and does so in good faith reliance (1) on
the registration, (2) on this article, and (3) on information provided to it by affidavit
of the personal representative of the deceased owner, or by the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-6-147.htm - 2K - Match Info - Similar pages
43-8-111
Section 43-8-111 Exempt property. If the decedent was domiciled in this state at the time of
death the surviving spouse is entitled to receive, in addition to the homestead allowance,
property of a value not exceeding seven thousand five hundred dollars ($7,500) in excess of
any security interests therein in household furniture, automobiles, furnishings, appliances
and personal effects. If there is no surviving spouse, children of the decedent are entitled
jointly to the same value. If encumbered chattels are selected and if the value in excess
of security interests, plus that of other exempt property, is less than seven thousand five
hundred dollars ($7,500), or if there is not seven thousand five hundred dollars ($7,500)
worth of exempt property in the estate, the spouse or children are entitled to other assets
of the estate, if any, to the extent necessary to make up the seven thousand five hundred
dollars ($7,500) value. Rights to exempt property and assets needed to make up a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/43-8-111.htm - 1K - Match Info - Similar pages
45-29-72
Section 45-29-72 Disposal of tangible personal property. (a) This section shall only apply
in Fayette County. (b) All contracts for the sale or disposal of tangible personal property,
equipment, or other items owned by or under the control of the county commission shall be
let by free and open competitive sealed bids. The chair of the county commission shall certify
to the description and condition of the property, shall give jurisdiction in writing for the
disposal of the property, shall estimate the value of the property, and shall keep the certification
as a part of the permanent record of the commission. Provided, however, tangible personal
property, equipment, or other items owned by or under the control of the county commission
may be sold at public auction once a year, after sufficient notice of the auction has been
given by the county commission. Provided further, that such tangible personal property, equipment,
or other items so owned by or under the control of the county...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-29-72.htm - 3K - Match Info - Similar pages
|