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45-49-23.06
Section 45-49-23.06 Transfer of wholesaler business. (a) Upon written notice of intent to transfer
the wholesaler's business, any individual owning or deceased individual who owned an interest
in a wholesaler may transfer the wholesaler's business to a designated member, or any other
person who meets the nondiscriminatory, material, and reasonable qualifications and standards
required by the supplier for Alabama wholesalers. The consent or approval of the supplier
shall not be required of any transfer of the wholesaler's business, including the assignment
of wholesaler's rights under the agreement, to a designated member or shall not be withheld
or unreasonably delayed to a proposed transferee (other than a designated member) who meets
such nondiscriminatory, material, and reasonable qualifications and standards. Provided, however,
the supplier shall have the burden of proving that the proposed transferee fails to meet such
qualifications and standards which are nondiscriminatory,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-49-23.06.htm - 3K - Match Info - Similar pages
6-5-286
Section 6-5-286 Defenses to actions on promissory notes, bonds, or other contracts. Except
as may be otherwise provided by the Uniform Commercial Code, actions on promissory notes,
bonds, or other contracts, express or implied, for the payment of money are subject to any
defense the payor, obligor, or debtor had against the payee, obligee, or creditor previous
to notice of assignment or transfer. (Code 1852, §2129; Code 1867, §2523; Code 1876, §2890;
Code 1886, §2594; Code 1896, §28; Code 1907, §2489; Code 1923, §5699; Code 1940, T. 7,
§126; Acts 1965, No. 549, p. 811.)...
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19-3B-508
Section 19-3B-508 Qualified trusts under the Internal Revenue Code. (a) As used in this section:
(1) ASSIGNMENT or ALIENATION, and any conjugation thereof, includes any anticipation, assignment
at law or in equity, alienation, attachment, garnishment, levy, execution, or other legal
or equitable process. The term includes: (i) any arrangement providing for the payment to
the employer or other sponsor of such plan of benefits that otherwise would be due the participant
under the plan; (ii) any direct or indirect arrangement, whether revocable or irrevocable,
whereby any person acquires from a participant or beneficiary of such plan a right or interest
enforceable against the plan in, or to, all or any part of a plan benefit which is, or may
become, payable to the participant or beneficiary; (iii) any attachment, execution, seizure,
or the like, or under any form of legal process whatsoever; and (iv) the operation of any
bankruptcy or insolvency laws under 11 U.S.C. § 522(b) as from...
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7-9A-407
Section 7-9A-407 Restrictions on creation or enforcement of security interest in leasehold
interest or in lessor's residual interest. (a) Term restricting assignment generally ineffective.
Except as otherwise provided in subsection (b), a term in a lease agreement is ineffective
to the extent that it: (1) prohibits, restricts, or requires the consent of a party to the
lease to the assignment or transfer of, or the creation, attachment, perfection, or enforcement
of a security interest in, an interest of a party under the lease contract or in the lessor's
residual interest in the goods; or (2) provides that the assignment or transfer or the creation,
attachment, perfection, or enforcement of the security interest may give rise to a default,
breach, right of recoupment, claim, defense, termination, right of termination, or remedy
under the lease. (b) Effectiveness of certain terms. Except as otherwise provided in Section
7-2A-303(7), a term described in subsection (a)(2) is effective to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-9A-407.htm - 2K - Match Info - Similar pages
22-6-6.1
Section 22-6-6.1 Assignment to state of recipients' rights to payments for medical care; authorization
to release needed information. (a) Every recipient of medical assistance under the Alabama
Medicaid Program shall be deemed to have made assignment to the State of Alabama of any and
all rights of his to medical support or payments for medical care from any person, firm or
corporation, together with the rights of any other individuals eligible for medical assistance
for whom he can legally make assignment. This assignment shall be effective to the extent
of the amount of medical assistance actually paid by the Medicaid Agency. The recipient shall
cooperate fully with the Medicaid Agency in its efforts to secure such rights, and shall execute
and deliver all instruments and papers needed by the Medicaid Agency in this regard. (b) Every
recipient of medical assistance under the Alabama Medicaid Program shall be deemed to have
authorized all third parties, including insurance companies...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-6-6.1.htm - 1K - Match Info - Similar pages
35-4-435
Section 35-4-435 Notice requirements for existing private transfer fee obligations. (a) The
payee of a private transfer fee obligation imposed prior to May 25, 2011, shall record, prior
to December 31, 2011, against the real property subject to the private transfer fee obligation,
a separate document in the office of the judge of probate for each county in which the real
property is located which complies with all of the following requirements: (1) The title of
the document shall be "Notice of Private Transfer Fee Obligation" in at least 14-point
boldface type. (2) The amount, if the private transfer fee is a flat amount, or the percentage
of the sales price constituting the cost of the private transfer fee, or such other basis
by which the private transfer fee is to be calculated. (3) If the real property is residential
property, actual dollar-cost examples of the private transfer fee for a home priced at two
hundred fifty thousand dollars ($250,000), five hundred thousand dollars...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-4-435.htm - 5K - Match Info - Similar pages
6-8-82
Section 6-8-82 Exemptions - Wages of head of family. The wages or hire of any head of a family
in this state, not having property liable to levy and sale under execution, cannot be defeated
or abated by any counterclaim of a money demand acquired by the person contracting to pay
such wages by assignment or transfer, unless the parties otherwise agree in writing. (Code
1852, §2240; Code 1867, §2642; Code 1876, §2991; Code 1886, §2678; Code 1896, §3728;
Code 1907, §5858; Code 1923, §10172; Code 1940, T. 7, §350.)...
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7-9A-405
Section 7-9A-405 Modification of assigned contract. (a) Effect of modification on assignee.
A modification of or substitution for an assigned contract is effective against an assignee
if made in good faith and in accordance with reasonable commercial standards. The assignee
acquires corresponding rights under the modified or substituted contract. The assignment may
provide that the modification or substitution is a breach of contract by the assignor. This
subsection is subject to subsections (b) through (d). (b) Applicability of subsection (a).
Subsection (a) applies to the extent that: (1) the right to payment or a part thereof under
an assigned contract has not been fully earned by performance; or (2) the right to payment
or a part thereof has been fully earned by performance and the account debtor has not received
notification of the assignment under Section 7-9A-406(a). (c) Rule for individual under other
law. This section is subject to law other than this article which establishes...
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8-6-71
Section 8-6-71 (Repealed effective January 1, 1997) Definitions. For the purposes of this article,
unless the context otherwise requires, the following terms shall have the meanings respectively
ascribed to them by this section: Assignment. Such term includes any written stock power,
bond power, bill of sale, deed, declaration of trust, or other instrument of transfer. Claim
of beneficial interest. Such term includes a claim of any interest by a decedent's legatee,
distributee, heir or creditor, a beneficiary under a trust, a ward, a beneficial owner of
a security registered in the name of a nominee or a minor owner of a security registered in
the name of a custodian, or a claim of any similar interest whether the claim is asserted
by the claimant, a fiduciary, or by any other authorized person on his behalf and includes
a claim that the transfer would be in breach of fiduciary duties. Corporation. A private or
public corporation, association, or trust issuing a security. Fiduciary. An...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-6-71.htm - 2K - Match Info - Similar pages
40-20-33
Section 40-20-33 When and by whom tax payable; effect of nonpayment. Such tax shall be payable
by the grantee or grantees named or the beneficiary or real party in interest under such lease,
deed, conveyance, transfer, assignment or other writing; except, that as to any exception
or reservation creating any such interest the same shall be payable by the grantor or grantors
in such instrument. Said tax shall be due and payable upon the filing of such instrument for
record. Any probate judge who accepts or records such an instrument upon which the tax is
not paid to him in the amount required herein shall be liable to the county for the amount
of tax shown to have been due upon the instrument. The amount shall likewise constitute a
lien upon the interest so conveyed, reserved or accepted by such instrument, collectible as
are other delinquent taxes due the county. If an insufficient amount is paid by such tax,
the filing and recording of the instrument shall nevertheless be good and...
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