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34-27-54
Section 34-27-54 Acts constituting violation of article - Failure, etc., to honor buyer's request
to cancel contract. It shall be a violation of this article for the seller of vacation time-sharing
plans, or his or her assignees, to fail or refuse to honor a buyer's request to cancel a contract
as provided by Section 34-27-53 if such request is made; provided however, nothing contained
in this section shall operate to deny the seller the option to repair, replace, or reconstruct
within a reasonable time the accommodations or facilities if destroyed or damaged; provided
that such repair, replacement, or reconstruction shall bring such accommodations or facilities
back to a state reasonably the same as before the damage or destruction. (Acts 1983, No. 83-670,
p. 1035, ยง5.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-27-54.htm - 1K - Match Info - Similar pages
7-2-616
Section 7-2-616 Procedure on notice claiming excuse. (1) Where the buyer receives notification
of a material or indefinite delay or an allocation justified under Section 7-2-615, he may
by written notification to the seller as to any delivery concerned, and where the prospective
deficiency substantially impairs the value of the whole contract under the provisions of this
article relating to breach of installment contracts (Section 7-2-612), then also as to the
whole: (a) Terminate and thereby discharge any unexecuted portion of the contract; or (b)
Modify the contract by agreeing to take his available quota in substitution. (2) If after
receipt of such notification from the seller the buyer fails so to modify the contract within
a reasonable time not exceeding 30 days the contract lapses with respect to any deliveries
affected. (3) The provisions of this section may not be negated by agreement except insofar
as the seller has assumed a greater obligation under Section 7-2-615. (Acts...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-2-616.htm - 1K - Match Info - Similar pages
7-2-503
Section 7-2-503 Manner of seller's tender of delivery. (1) Tender of delivery requires that
the seller put and hold conforming goods at the buyer's disposition and give the buyer any
notification reasonably necessary to enable him to take delivery. The manner, time and place
for tender are determined by the agreement and this article, and in particular: (a) Tender
must be at a reasonable hour, and if it is of goods they must be kept available for the period
reasonably necessary to enable the buyer to take possession; but (b) Unless otherwise agreed
the buyer must furnish facilities reasonably suited to the receipt of the goods. (2) Where
the case is within Section 7-2-504 respecting shipment, tender requires that the seller comply
with its provisions. (3) Where the seller is required to deliver at a particular destination,
tender requires that he comply with subsection (1) and also in any appropriate case tender
documents as described in subsections (4) and (5) of this section. (4)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-2-503.htm - 2K - Match Info - Similar pages
7-2-103
Section 7-2-103 Definitions and index of definitions. (1) In this article unless the context
otherwise requires: (a) "Buyer" means a person who buys or contracts to buy goods.
(b) "Good faith" in the case of a merchant means honesty in fact and the observance
of reasonable commercial standards of fair dealing in the trade. (c) "Receipt" of
goods means taking physical possession of them. (d) "Seller" means a person who
sells or contracts to sell goods. (2) Other definitions applying to this article or to specified
parts thereof and the sections in which they appear are: "Acceptance." Section 7-2-606.
"Banker's credit." Section 7-2-325. "Between merchants." Section 7-2-104.
"Cancellation." Section 7-2-106 (4). "Commercial unit." Section 7-2-105.
"Confirmed credit." Section 7-2-325. "Conforming to contract." Section
7-2-106. "Contract for sale." Section 7-2-106. "Cover." Section 7-2-712.
"Entrusting." Section 7-2-403. "Financing agency." Section 7-2-104. "Future
goods." Section 7-2-105....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-2-103.htm - 2K - Match Info - Similar pages
5-19-12
Section 5-19-12 Buyer's right to cancel home solicitation sale. (a) A buyer has the right to
cancel a home solicitation sale until midnight of the third business day following execution
by the buyer of an agreement or offer to purchase, which notice is effective when delivered
or when deposited in the mail properly addressed to the seller, postage prepaid. The seller
must deliver to the buyer and obtain the buyer's written signature to a written agreement
or offer to purchase designating as the date of the transaction the date on which the buyer
actually signs and containing the following under the conspicuous caption: "BUYER'S RIGHT
TO CANCEL" "If this agreement was solicited at your residence and you do not want
the goods or services, you may cancel this agreement by delivering or mailing a notice to
the seller. The notice must say that you are cancelling the agreement and must be delivered
or mailed before midnight of the third business day after you sign this agreement. The notice...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-19-12.htm - 3K - Match Info - Similar pages
7-2-305
Section 7-2-305 Open price term. (1) The parties if they so intend can conclude a contract
for sale even though the price is not settled. In such a case the price is a reasonable price
at the time for delivery if: (a) Nothing is said as to price; or (b) The price is left to
be agreed by the parties and they fail to agree; or (c) The price is to be fixed in terms
of some agreed market or other standard as set or recorded by a third person or agency and
it is not so set or recorded. (2) A price to be fixed by the seller or by the buyer means
a price for him to fix in good faith. (3) When a price left to be fixed otherwise than by
agreement of the parties fails to be fixed through fault of one party, the other may at his
option treat the contract as cancelled or himself fix a reasonable price. (4) Where, however,
the parties intend not to be bound unless the price be fixed or agreed and it is not fixed
or agreed there is no contract. In such a case the buyer must return any goods already...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-2-305.htm - 1K - Match Info - Similar pages
7-2-607
Section 7-2-607 Effect of acceptance; notice of breach; burden of establishing breach after
acceptance; notice of claim or litigation to person answerable over. (1) The buyer must pay
at the contract rate for any goods accepted. (2) Acceptance of goods by the buyer precludes
rejection of the goods accepted and if made with knowledge of a nonconformity cannot be revoked
because of it unless the acceptance was on the reasonable assumption that the nonconformity
would be seasonably cured, but acceptance does not of itself impair any other remedy provided
by this article for nonconformity. (3) Where a tender has been accepted: (a) The buyer must
within a reasonable time after he discovers or should have discovered any breach notify the
seller of breach or be barred from any remedy; and (b) If the claim is one for infringement
or the like (subsection (3) of Section 7-2-312) and the buyer is sued as a result of such
a breach, he must so notify the seller within a reasonable time after he...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-2-607.htm - 2K - Match Info - Similar pages
16-24B-3
Section 16-24B-3 Principals - Probationary and contract principals. (a) Any other provision
of law to the contrary notwithstanding, persons employed as principals in the public schools
in Alabama on or after July 1, 2000, may, at the election of the employing board and upon
the recommendation of the chief executive officer, be employed as probationary principals
for up to one full contract year; provided, however, that if such person is being employed
as a principal for the first time, such probationary period may be for up to two full contract
years. After completion of such probationary period, the same employing board, upon the recommendation
of the chief executive officer, shall either offer the probationary principal not less than
a three-year contract pursuant to this section or terminate the probationary principal for
any reason, or without a stated reason, as the case may be. In the case of a probationary
principal who is terminated prior to the end of the school year, the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-24B-3.htm - 14K - Match Info - Similar pages
27-47-2
Section 27-47-2 Deduction for premiums paid for long-term care insurance contract; treatment
of contract; coverage. (a) The premiums paid for a long-term care insurance contract are deductible
pursuant to Section 40-18-15, if the contract meets the following requirements: (1) Offers
coverage only for qualified long-term care services and benefits incidental to the coverage.
(2) Guaranteed renewal. (3) No cash surrender value. (4) All refunds of premiums and all policyholder
dividends or similar amounts under the contract are to be applied as a reduction in future
premiums or to increase future benefits, except for a refund of premiums on surrender or cancellation
of the policy. (b) For purposes of this chapter, a long-term care insurance contract shall
be treated as an accident or health insurance contract. The amount of coverage under the long-term
care insurance contract shall be equal to or greater than Medicaid coverage for a period of
at least three years. (c) An insurance...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-47-2.htm - 2K - Match Info - Similar pages
7-2A-308
Section 7-2A-308 Special rights of creditors. (1) A creditor of a lessor in possession of goods
subject to a lease contract may treat the lease contract as void if as against the creditor
retention of possession by the lessor is fraudulent under any statute or rule of law, but
retention of possession in good faith and current course of trade by the lessor for a commercially
reasonable time after the lease contract becomes enforceable is not fraudulent. (2) Nothing
in this article impairs the rights of creditors of a lessor if the lease contract is made
under circumstances which under any statute or rule of law apart from this article would constitute
the transaction a fraudulent transfer or voidable preference. (3) A creditor of a seller may
treat a sale or an identification of goods to a contract for sale as void if as against the
creditor retention of possession by the seller is fraudulent under any statute or rule of
law, but retention of possession of the goods pursuant to a lease...
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