5-19A-2
Section 5-19A-2 Definitions. The following words and phrases shall have the following meanings:
(1) APPROPRIATE LAW ENFORCEMENT AGENCY. The sheriff of each county in which the pawnbroker
maintains an office, or the police chief of the municipality in which the pawnbroker maintains
an office. (2) ATTORNEY GENERAL. The Attorney General of the State of Alabama. (3) PAWN TRANSACTION.
Any loan on the security of pledged goods or any purchase of pledged goods on condition that
the pledged goods are left with the pawnbroker and may be redeemed or repurchased by the seller
for a fixed price within a fixed period of time. A "pawn transaction" does not include
the pledge to, or the purchase by, a pawnbroker of real or personal property from a customer
followed by the sale or the leasing of that property back to the customer in the same or a
related transaction. (4) PAWNBROKER. Any person engaged in the business of lending money on
the security of pledged goods left in pawn, or in the business of...
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5-19A-7
Section 5-19A-7 Pawnshop charge; amounts in excess of pawnshop charge. (a) A pawnbroker may
contract for and receive a pawnshop charge in lieu of interest or other charges for all services,
expenses, costs, and losses of every nature but not to exceed 25 percent of the principal
amount, per month, advanced in the pawn transaction. (b) Any interest, charge, or fees contracted
for or received, directly or indirectly, in excess of the amount permitted under subsection
(a) shall be uncollectible and the pawn transaction shall be void. The pawnshop charge allowed
under subsection (a) shall be deemed earned, due, and owing as of the date of the pawn transaction
and a like sum shall be deemed earned, due, and owing on the same day of the succeeding month.
(Acts 1992, No. 92-597, p. 1227, §7.)...
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5-19A-15
Section 5-19A-15 No confiscation of property pledged to pawnbroker if property may be put on
seven-day hold; when property may be placed on hold. (a) No pledged or purchased goods may
be confiscated if the property pledged to, or purchased by, a pawnbroker may be put on a seven-day
hold by the authorized law enforcement authorities, but the pledged or purchased property
may not be placed on hold unless: (1) A police report is made in a timely manner. (2) A warrant
is sworn out for the person who pledged or sold the goods to the pawnbroker or for alias if
the person is unknown. (3) A warrant or writ is issued for the merchandise to be confiscated
along with a request for restitution, pursuant to law. (b) This section shall not affect the
right of any person who has an ownership interest or prior lien in the pledged or purchased
goods. (Acts 1992, No. 92-597, p. 1227, §15.)...
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7-7-307
Section 7-7-307 Lien of carrier. (a) A carrier has a lien on the goods covered by a bill of
lading or on the proceeds thereof in its possession for charges after the date of the carrier's
receipt of the goods for storage or transportation, including demurrage and terminal charges,
and for expenses necessary for preservation of the goods incident to their transportation
or reasonably incurred in their sale pursuant to law. However, against a purchaser for value
of a negotiable bill of lading, a carrier's lien is limited to charges stated in the bill
or the applicable tariffs or, if no charges are stated, a reasonable charge. (b) A lien for
charges and expenses under subsection (a) on goods that the carrier was required by law to
receive for transportation is effective against the consignor or any person entitled to the
goods unless the carrier had notice that the consignor lacked authority to subject the goods
to those charges and expenses. Any other lien under subsection (a) is...
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5-19A-3
Section 5-19A-3 Pawnbroker to enter on pawn ticket record of information. At the time of making
the pawn or purchase transaction, the pawnbroker shall enter on the pawn ticket a record of
the following information which shall be typed or written in ink and in the English language:
(1) A clear and accurate description of the property, including model and serial number if
indicated on the property. (2) The name, residence address, and date of birth of the pledgor
or seller. (3) Date of the pawn or purchase transaction. (4) Type of identification and the
identification number accepted from pledgor or seller. (5) Description of the pledgor including
approximate height, sex, and race. (6) Amount of cash advanced. (7) The maturity date of the
pawn transaction and the amount due. (8) The monthly rate and pawn charges. (Acts 1992, No.
92-597, p. 1227, §3.)...
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7-7-209
Section 7-7-209 Lien of warehouse. (a) A warehouse has a lien against the bailor on the goods
covered by a warehouse receipt or storage agreement or on the proceeds thereof in its possession
for charges for storage or transportation, including demurrage and terminal charges, insurance,
labor, or other charges, present or future, in relation to the goods, and for expenses necessary
for preservation of the goods or reasonably incurred in their sale pursuant to law. If the
person on whose account the goods are held is liable for similar charges or expenses in relation
to other goods whenever deposited and it is stated in the warehouse receipt or storage agreement
that a lien is claimed for charges and expenses in relation to other goods, the warehouse
also has a lien against the goods covered by the warehouse receipt or storage agreement or
on the proceeds thereof in its possession for those charges and expenses, whether or not the
other goods have been delivered by the warehouse....
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33-16-12
Section 33-16-12 Bonds - Generally. There are hereby authorized to be issued bonds of the state
in aggregate principal amount not exceeding $10,000,000.00. The bonds hereby authorized shall
be general obligations of the state, and the full faith and credit of the state are hereby
irrevocably pledged for the prompt and faithful payment of the principal of and the interest
on the bonds. The bonds may be sold from time to time as the board of directors may deem advantageous;
provided, that no bonds (other than refunding bonds) may be sold or issued unless the Governor
shall have first determined that the issuance of the bonds proposed to be issued will be necessary
to enable the authority to fulfill the requirements of local contribution, participation and
cooperation established by the United States in connection with the waterway project. Except
as hereinafter limited, the bonds may be executed and delivered at any time and from time
to time, may be in such forms, denominations, series...
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22-3A-14
Section 22-3A-14 Refunding bonds. (a) Any bonds issued by the authority under this chapter
may from time to time thereafter be refunded by the issuance of refunding bonds of the authority;
provided, however, that no refunding bonds shall be issued unless the present value of all
debt service on the refunding bonds (computed with a discount rate equal to the true interest
rate of the refunding bonds and taking into account all underwriting discount and other issuance
expenses) shall not be greater than 95 percent of the present value of all debt service on
the bonds to be refunded (computed using the same discount rate and taking into account the
underwriting discount and other issuance expenses originally applicable to such bonds) determined
as if such bonds to be refunded were paid and retired in accordance with the schedule of maturities
(considering mandatory redemption as a scheduled maturity) provided at the time of their issuance.
Provided further that the average maturity of the...
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33-13-9
Section 33-13-9 Bonds - Generally. There are hereby authorized to be issued bonds of the state
in aggregate principal amount not exceeding $45,000,000.00 for the purpose of paying costs
of the development, construction, improvements, expansion and modernization (or any of them)
of the State Docks Department at the Port of Mobile. The bonds hereby authorized shall be
general obligations of the state, and the full faith, credit and taxing powers of the state
are hereby irrevocably pledged for the prompt and faithful payment of the principal thereof
and the interest thereon. The bonds may be sold from time to time as the board of directors
may deem advantageous; provided, that no bonds (other than refunding bonds) may be sold or
issued unless the Governor shall have first determined that the issuance of the bonds proposed
to be issued will be necessary to enable the authority to promote, develop, construct, improve,
expand and modernize the state docks facilities. Except as hereinafter...
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33-17-12
Section 33-17-12 Bonds - Generally. There are hereby authorized to be issued bonds of the state
in aggregate principal amount not exceeding $10,000,000.00. The bonds hereby authorized shall
be general obligations of the state, and the full faith and credit of the state are hereby
irrevocably pledged for the prompt and faithful payment of the principal of and the interest
on the bonds. The bonds may be sold from time to time as the board of directors may deem advantageous;
provided, that no bonds (other than refunding bonds) may be sold or issued unless the Governor
shall have first determined that the issuance of the bonds proposed to be issued will be necessary
to enable the authority to fulfill the requirements of local contribution, participation and
cooperation established by the United States in connection with the waterway and the flood
control project. Except as hereinafter limited, the bonds may be executed and delivered at
any time and from time to time, may be in such forms,...
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