7-3-103
Section 7-3-103 Definitions. (a) In this article: (1) "Acceptor" means a drawee who has accepted a draft. (2) "Drawee" means a person ordered in a draft to make payment. (3) "Drawer" means a person who signs or is identified in a draft as a person ordering payment. (4) "Good faith" means honesty in fact in the conduct or transaction concerned. (5) "Maker" means a person who signs or is identified in a note as a person undertaking to pay. (6) "Order" means a written instruction to pay money signed by the person giving the instruction. The instruction may be addressed to any person, including the person giving the instruction, or to one or more persons jointly or in the alternative but not in succession. An authorization to pay is not an order unless the person authorized to pay is also instructed to pay. (7) "Ordinary care" in the case of a person engaged in business means observance of reasonable commercial standards, prevailing in the area in which the person is located, with respect...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-3-103.htm - 4K - Match Info - Similar pages
7-9A-316
Section 7-9A-316 Effect of change in governing law. (a) General rule: Effect on perfection of change in governing law. A security interest perfected pursuant to the law of the jurisdiction designated in Section 7-9A-301(1) or 7-9A-305(c) remains perfected until the earliest of: (1) the time perfection would have ceased under the law of that jurisdiction; (2) the expiration of four months after a change of the debtor's location to another jurisdiction; or (3) the expiration of one year after a transfer of collateral to a person that thereby becomes a debtor and is located in another jurisdiction. (b) Security interest perfected or unperfected under law of new jurisdiction. If a security interest described in subsection (a) becomes perfected under the law of the other jurisdiction before the earliest time or event described in that subsection, it remains perfected thereafter. If the security interest does not become perfected under the law of the other jurisdiction before the earliest...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-9A-316.htm - 7K - Match Info - Similar pages
7-9A-619
Section 7-9A-619 Transfer of record or legal title. (a) "Transfer statement." In this section, "transfer statement" means a record authenticated by a secured party stating: (1) that the debtor has defaulted in connection with an obligation secured by specified collateral; (2) that the secured party has exercised its post-default remedies with respect to the collateral; (3) that, by reason of the exercise, a transferee has acquired the rights of the debtor in the collateral; and (4) the name and mailing address of the secured party, debtor, and transferee. (b) Effect of transfer statement. A transfer statement entitles the transferee to the transfer of record of all rights of the debtor in the collateral specified in the statement in any official filing, recording, registration, or certificate-of-title system covering the collateral. If a transfer statement is presented with the applicable fee and request form to the official or office responsible for maintaining the system, the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-9A-619.htm - 1K - Match Info - Similar pages
8-12-13
Section 8-12-13 Cancellation. The Secretary of State shall cancel from the register: (1) After one year from January 1, 1981, all registrations under prior acts or informal registration which have not been registered in accordance with this article; (2) Any registration concerning which the Secretary of State shall receive a voluntary request for cancellation thereof from the registrant or the assignee of record; (3) All registrations granted under this article and not renewed in accordance with the provisions of Section 8-12-10; (4) Any registration concerning which a court of competent jurisdiction shall find: a. That the registered mark has been abandoned; b. That the registrant is not the owner of the mark; c. That the registration was granted improperly; d. That the registration was obtained fraudulently; or e. That the registered mark is so similar, as to be likely to cause confusion or mistake or to deceive, to a mark registered by another person in the United States patent and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-12-13.htm - 1K - Match Info - Similar pages
10A-2-6.27
Section 10A-2-6.27 Restriction on transfer of shares and other securities. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) The articles of incorporation, bylaws, an agreement among shareholders, or an agreement between shareholders and the corporation may impose restrictions on the transfer or registration of transfer of shares of corporation. A restriction does not affect shares issued before the restriction was adopted unless the holders of the shares are parties to the restriction agreement or voted in favor of the restriction. (b) A restriction on the transfer or registration of transfer of shares is valid and enforceable against the holder or a transferee of the holder including an executor, administrator, trustee, guardian, conservator or other fiduciary entrusted with like responsibility for the person or estate of the holder, provided the restriction is authorized by this section and, as provided by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-6.27.htm - 3K - Match Info - Similar pages
32-20-30
Section 32-20-30 Transfer of interest by owner. (a) If an owner transfers his or her interest in a manufactured home, other than by the creation of a security interest, he or she shall, at the time of the sale of the manufactured home, execute an assignment and warranty of title to the transferee in the space provided therefor on the certificate or as the department prescribes, and cause the certificate and assignment to be mailed or delivered to the transferee or to the department. (b) Except as provided in this section, the transferee promptly, after delivery to him or her of the manufactured home, shall execute the application for a new certificate of title in the space provided therefor on the certificate or as the department prescribes, and cause the certificate and application to be mailed or delivered to a designated agent. (c) Upon request of the owner or transferee, a lienholder in possession of the certificate of title, unless the transfer was in breach of his or her security...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-20-30.htm - 2K - Match Info - Similar pages
32-8-87
Section 32-8-87 Dismantling, destroying, changing identity of vehicle; certificate requirements; insurance claims; "total loss"; removal of identification numbers, plates, etc.; transfer of salvage vehicles; inspections; "component parts"; rebuilt vehicles; flood vehicles; online verifications. (a) Each owner of a motor vehicle and each person mentioned as owner in the last certificate of title who scraps, dismantles, destroys, or changes the motor vehicle in such a manner that it is not the same motor vehicle described in the certificate of origin or certificate of title shall as soon as practicable cause the certificate of origin or certificate of title, if any, and any other documents or information required by the department to be mailed or delivered to the department for processing. The department shall, with the consent of any holder of liens noted on the surrendered certificate, enter a cancellation upon its records. Upon cancellation of a certificate of origin or certificate of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-8-87.htm - 32K - Match Info - Similar pages
45-39-40.06
Section 45-39-40.06 Application for certificate; apprentices; teaching. (a) It shall be necessary for any person, firm, corporation, or association to apply to the board for a certificate of registration as a registered barbershop or school of barbering, within the meaning of this article, the application to be upon a form prescribed by the board and accompanied by the payment of the original registration fee as hereinafter provided for. Any barbershop or school of barbering, after April 4, 1988, shall fully comply with all the provisions of this article applicable thereto, and with all the rules and regulations promulgated by the board as hereinafter provided. (b) No barbershop shall accept an apprentice unless the barbershop is in charge of a managing barber licensed as such. The shop may register one additional apprentice for each additional managing barber attached to its staff. In addition, such shop shall possess the necessary apparatus and equipment for the proper instruction in...
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45-45-234
Section 45-45-234 Pistol Permit. (a)(1) In Madison County, the fees for the issuance of a license by the sheriff pursuant to Section 13A-11-75, to authorize a person to carry a pistol in a vehicle or concealed on or about his or her person, at the request of the licensee, shall be as provided below: a. For a regular paper license, the fee shall be ten dollars ($10). b. For an enhanced security license issued in hard plastic and not capable of being easily damaged or altered, the fee shall be twenty dollars ($20). (2) One dollar ($1) of each fee shall be retained and used by the county and the remainder of each fee shall be earmarked for the betterment of law enforcement and shall be available upon requisition by the sheriff for that purpose. (b) The fee shall be collected by the sheriff at the time the application for a license is presented to him or her and the fee shall be paid into the General Fund of Madison County on or before the 10th of the month following collection of same....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-45-234.htm - 1K - Match Info - Similar pages
8-16-123
Section 8-16-123 Revocation, suspension, etc., of registration; grounds; notice; appeal. The commissioner may revoke, suspend or refuse to renew the registration of service persons or scale mechanics if he determines that the person has failed to abide by the rules and regulations promulgated under this law or has removed a condemnation tag, for purpose other than that of repair, or no longer qualifies under the above rules and regulations. The taking of unfair advantage of an owner of a weighing or measuring device or unsatisfactory work in repairing said devices shall also constitute grounds for refusing to register, revocation, suspension or nonrenewal of the registration. The Commissioner of Agriculture and Industries shall give at least 10-days' written notice by certified mail to the concerned person prior to refusing to register, revocation, suspension or nonrenewal of the registration. The notice shall set out the specific grounds under which the action was taken. The...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-16-123.htm - 2K - Match Info - Similar pages
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