Code of Alabama

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8-32-5
Section 8-32-5 Required provisions, service contracts. (a) Service contracts sold or offered
for sale in this state, in their entirety, shall be written, printed, or typed in eight point
type size, or larger, and shall comply with the requirements set forth in this section, as
applicable. (b) Service contracts insured under a reimbursement insurance policy pursuant
to subdivision (1) of subsection (f) of Section 8-32-3 shall contain a statement in substantially
the following form: "Obligations of the provider under this service contract are guaranteed
under a service contract reimbursement insurance policy." If the provider fails to pay
or to provide service on a claim within 60 days after proof of loss has been filed, the service
contract holder is entitled to make a claim directly against the reimbursement insurance company.
The service contract shall state the name and address of the reimbursement insurance company.
(c) Service contracts not insured under a reimbursement insurance...
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11-50-408
Section 11-50-408 When mortgages or pledges of property or revenues and liens thereof effective;
properties, persons, etc., subject thereto. Any mortgage or conveyance of property and any
pledge of revenues to secure the bonds of a district incorporated under this article shall
be valid and binding from the time when such mortgage or conveyance is delivered or such pledge
made, and the system, properties, revenue, income and moneys so mortgaged, conveyed or pledged
and thereafter received by such district shall immediately be subject to the lien of such
mortgage, conveyance or pledge without any physical delivery thereof or further act, and the
lien of any such mortgage, conveyance or pledge shall be valid and binding as against all
parties having claims of any kind in tort, contract or otherwise against the district, irrespective
of whether such parties have notice thereof, from the time when a statement thereof is filed
in the office of the judge of probate of the county or counties...
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5-19-1
Section 5-19-1 Definitions. For the purposes of this chapter, the following terms shall have
the following meanings respectively ascribed to them by this section: (1) FINANCE CHARGE.
The sum of all charges, payable directly or indirectly by the person to whom credit is extended,
and imposed directly or indirectly by the creditor as an incident to the extension of credit.
The amount of the finance charge in connection with any credit transaction (i) shall be determined,
and shall include and exclude the fees and charges, as provided by Section 106 of the Federal
Truth-in-Lending Act, 15 U.S.C. Section 1605 and the regulations of the Federal Reserve Board
promulgated pursuant to the Federal Truth-in-Lending Act, 12 C.F.R. Part 226, and the Official
Staff Commentary adopted by the Federal Reserve Board pursuant to that regulation, and without
limiting or affecting the foregoing subparagraph (i), (ii) shall exclude, without limitation,
late charges and other charges resulting from or...
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7-2-209
Section 7-2-209 Modification, rescission and waiver. (1) An agreement modifying a contract
within this article needs no consideration to be binding. (2) A signed agreement which excludes
modification or rescission except by a signed writing cannot be otherwise modified or rescinded,
but except as between merchants such a requirement on a form supplied by the merchant must
be separately signed by the other party. (3) The requirements of the statute of frauds section
of this article (Section 7-2-201) must be satisfied if the contract as modified is within
its provisions. (4) Although an attempt at modification or rescission does not satisfy the
requirements of subsection (2) or (3) it can operate as a waiver. (5) A party who has made
a waiver affecting an executory portion of the contract may retract the waiver by reasonable
notification received by the other party that strict performance will be required of any term
waived, unless the retraction would be unjust in view of a material...
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7-2A-208
Section 7-2A-208 Modification, rescission and waiver. (1) An agreement modifying a lease contract
needs no consideration to be binding. (2) A signed lease agreement that excludes modification
or rescission except by a signed writing may not be otherwise modified or rescinded, but,
except as between merchants, such a requirement on a form supplied by a merchant must be separately
signed by the other party. (3) The requirements of the statute of frauds section of this article
(Section 7-2A-201) must be satisfied if the contract as modified is within its provisions.
(4) Although an attempt at modification or rescission does not satisfy the requirements of
subsection (2), it may operate as a waiver. (5) A party who has made a waiver affecting an
executory portion of a lease contract may retract the waiver by reasonable notification received
by the other party that strict performance will be required of any term waived, unless the
retraction would be unjust in view of a material change of...
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37-13-13
Section 37-13-13 Bonds of authority - Security. In the discretion of the authority any bonds
may be issued under and secured by an indenture between the authority and a trustee. Said
trustee may be a private person or corporation, including (but not limited to) any trust company
or bank having trust powers, whether such bank or trust company is located within or without
the state. In any such indenture or resolution providing for the issuance of bonds, the authority
may pledge, for payment of the principal of and the interest on such bonds, any of its revenues
to which its right then exists or may thereafter come into existence and may assign, as security
for such payment, any of its leases, franchises, permits and contracts; and in any such indenture,
the authority may mortgage any of its properties, including any that may be thereafter acquired
by it. Any such pledge of revenues shall be valid and binding from the time it is made, and
the revenues so pledged and thereafter received...
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4-3-17
Section 4-3-17 Security for bonds. In the discretion of the authority, any bonds may be issued
under and secured by an indenture between the authority and a trustee. Said trustee may be
a private person or corporation, including but not limited to any trust company or bank having
trust powers, whether such bank or trust company is located within or without the state. In
any such indenture or resolution providing for the issuance of bonds, the authority may pledge,
for payment of the principal of and the interest on such bonds, any of its revenues to which
its right then exists or may thereafter come into existence and may assign as security for
such payment, any of its leases, franchises, permits and contracts; and, in any such indenture
the authority may mortgage any of its properties, including any that may be thereafter acquired
by it. Any such pledge of revenues shall be valid and binding from the time it is made, and
the revenues so pledged and thereafter received by the authority...
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40-12-172
Section 40-12-172 Transient dealers. Each person doing business as a transient dealer as defined
in this section and who does not pay the privilege license under Section 40-12-73 or the license
permit under Section 40-25-19 shall pay an annual license tax to the state of $30. The payment
of one state license shall authorize such transient dealer to engage in such business in any
county in the state upon the payment of a county license of $5 in each such county. When used
in this section, the words "transient dealer" shall be held to include any person
or persons who shall be embraced in any of the following classifications: All persons acting
for themselves or as an agent, employee, salesman or in any capacity for another, whether
as owner, bailee or other custodian of goods, wares, and merchandise and going from person
to person, dealer to dealer, house to house or place to place and selling or offering to sell,
exchanging or offering to exchange, for resale by a retailer, any goods,...
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11-61A-15
Section 11-61A-15 Issuance of bonds. (a) The authority may issue bonds under and secured by
an indenture between the authority and a trustee. The trustee may be a private person or corporation,
including, but not limited to, any trust company or bank having trust powers, whether the
bank or trust company is located within or without the state. (b) In any indenture or resolution
providing for the issuance of bonds, the authority may pledge, for payment of the principal
of and the interest on the bonds, any of its revenues to which its right then exists or may
subsequently come into existence and may assign, as security for the payment, any of its leases,
franchises, permits, and contracts. In any such indenture the authority may mortgage any of
its properties, including any properties subsequently acquired by it. Any pledge of revenues
shall be valid and binding from the time it is made, and the revenues pledged and subsequently
received by the authority, and any property of the...
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14-7-22.1
Section 14-7-22.1 Prison industry programs. (a) In order to implement work-oriented rehabilitation
programs in an actual private enterprise work environment, the Commissioner of the Department
of Corrections may contract or enter into agreements with private individuals, enterprises,
partnerships, or corporations to develop joint plants, businesses, factories, or commercial
enterprises. The contracts or agreements shall be limited to those in which the department
contracts or agrees to furnish inmate labor for the manufacture of articles or products or
to furnish inmate labor for the provision of service in facilities furnished by the department
or the party or parties and enter into contracts or agreements with the department. The facilities
shall be on property owned or operated by the department or at any prison facility housing
inmates sentenced to the department. (b) An inmate may participate in the program established
pursuant to this section only on a voluntary basis and only...
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