Code of Alabama

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7-9A-503
registered organization or the collateral is held in a trust that is a registered organization,
only if the financing statement provides the name that is stated to be the registered organization's
name on the public organic record most recently filed with or issued or enacted by the registered
organization's jurisdiction of organization which purports to state, amend, or restate the
registered organization's name; (2) subject to subsection (f), if the collateral is being
administered by the personal representative of a decedent, only if the financing statement
provides, as the name of the debtor, the name of the decedent and, in a separate part of the
financing statement, indicates that the collateral is being administered by a personal
representative; (3) if the collateral is held in a trust that is not a registered organization,
only if the financing statement: (A) provides, as the name of the debtor: (i) if the organic
record of the trust specifies a name for the trust, the name so...
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7-9A-102
term includes: (A) proceeds to which a security interest attaches; (B) accounts, chattel paper,
payment intangibles, and promissory notes that have been sold; and (C) goods that are the
subject of a consignment. (13) "Commercial tort claim" means a claim arising in
tort with respect to which: (A) the claimant is an organization; or (B) the claimant is an
individual and the claim: (i) arose in the course of the claimant's business or profession;
and (ii) does not include damages arising out of personal injury to or the death
of an individual. (14) "Commodity account" means an account maintained by a commodity
intermediary in which a commodity contract is carried for a commodity customer. (15) "Commodity
contract" means a commodity futures contract, an option on a commodity futures contract,
a commodity option, or another contract if the contract or option is: (A) traded on or subject
to the rules of a board of trade that has been designated as a contract market for such a
contract...
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7-9A-521
USE ONLY 1. DEBTOR'S NAME: Provide only one Debtor name (1a or 1b) (use exact, full name; do
not omit, modify, or abbreviate any part of the Debtor's name); if any part of the Individual
Debtor's name will not fit in line 1b, leave all of item 1 blank, check here [ ] and provide
the Individual Debtor information in item 10 of the Financing Statement Addendum (Form UCC1Ad)
1a. ORGANIZATION'S NAME ___ OR 1b. INDIVIDUAL'S SURNAME ___ FIRST PERSONAL NAME ___
ADDITIONAL NAME(S)/INITIAL(S) ___ SUFFIX ___ 1c. MAILING ADDRESS ___ CITY ___ STATE ___ POSTAL
CODE ___ COUNTRY ___ 2. DEBTOR'S NAME: Provide only one Debtor name (2a or 2b) (use exact,
full name; do not omit, modify, or abbreviate any part of the Debtor's name); if any part
of the Individual Debtor's name will not fit in line 2b, leave all of item 2 blank, check
here [ ] and provide the Individual Debtor...
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40-29-22
the existence of such lien. (2) MOTOR VEHICLES. With respect to a motor vehicle (as defined
in subsection (g)(3)), as against a purchaser of such motor vehicle, if: a. At the time of
the purchase such purchaser did not have actual notice or knowledge of the existence of such
lien; and b. Before the purchaser obtains such notice or knowledge, he has acquired possession
of such motor vehicle and has not thereafter relinquished possession of such motor vehicle
to the seller or his agent. (3) PERSONAL PROPERTY PURCHASED AT RETAIL. With respect
to tangible personal property purchased at retail, as against a purchaser in the ordinary
course of the seller's trade or business, unless at the time of such purchase such purchaser
intends such purchase to (or knows such purchase will) hinder, evade, or defeat the collection
of any tax under this title. (4) PERSONAL PROPERTY PURCHASED IN CASUAL SALE. With respect
to household goods, personal effects, or other tangible personal property purchased...

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7-9A-502
to be cut only if: (1) the record indicates the goods or accounts that it covers; (2) the goods
are or are to become fixtures related to the real property described in the record or the
collateral is related to the real property described in the record and is as-extracted collateral
or timber to be cut; (3) the record satisfies the requirements for a financing statement in
this section, but: (A) the record need not indicate that it is to be filed in the real property
records; and (B) the record sufficiently provides the name of a debtor who is an individual
if it provides the individual name of the debtor or the surname and first personal
name of the debtor, even if the debtor is an individual to whom Section 7-9A-503(a)(4) applies;
and (4) the record is recorded. (d) Filing before security agreement or attachment. A financing
statement may be filed before a security agreement is made or a security interest otherwise
attaches. (Act 2001-481, p. 647, §1; Act 2014-374, p. 1339, §1.)...
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7-9A-516
Section 7-9A-516 What constitutes filing; effectiveness of filing. (a) What constitutes filing.
Except as otherwise provided in subsection (b), communication of a record to a filing office
and tender of the filing fee or acceptance of the record by the filing office constitutes
filing. (b) Refusal to accept record; filing does not occur. Filing does not occur with respect
to a record that a filing office refuses to accept because: (1) the record is not communicated
by a method or medium of communication authorized by the filing office; (2) an amount equal
to or greater than the applicable filing fee is not tendered; (3) the filing office is unable
to index the record because: (A) in the case of an initial financing statement, the record
does not provide a name for the debtor; (B) in the case of an amendment or information statement,
the record: (i) does not identify the initial financing statement as required by Section 7-9A-512
or 7-9A-518, as applicable; or (ii) identifies an initial...
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7-9A-805
a jurisdiction other than the jurisdiction in which the financing statement is filed governs
perfection of a security interest in collateral covered by the financing statement. (e) Application
of Part 5. A financing statement that includes a financing statement filed before July 1,
2014, and a continuation statement filed on or after July 1, 2014, is effective only to the
extent that it satisfies the requirements of Part 5 as amended by Act 2014-374 for an initial
financing statement. A financing statement that indicates that the debtor is a decedent's
estate indicates that the collateral is being administered by a personal representative
within the meaning of Section 7-9A-503(a)(2) as amended by Act 2014-374. A financing statement
that indicates that the debtor is a trust or is a trustee acting with respect to property
held in trust indicates that the collateral is held in a trust within the meaning of Section
7-9A-503(a)(3) as amended by Act 2014-374. (Act 2014-374, p. 1339, §2.)...
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7-9A-512
Section 7-9A-512 Amendment of financing statement. (a) Amendment of information in financing
statement. Subject to Section 7-9A-509, a person may add or delete collateral covered by,
continue or terminate the effectiveness of, or, subject to subsection (e), otherwise amend
the information provided in, a financing statement by filing an amendment that: (1) identifies,
by its file number, the initial financing statement to which the amendment relates; and (2)
if the amendment relates to an initial financing statement filed or recorded in a filing office
described in Section 7-9A-501(a)(1), provides the information specified in Section 7-9A-502(b).
(b) Period of effectiveness not affected. Except as otherwise provided in Section 7-9A-515,
the filing of an amendment does not extend the period of effectiveness of the financing statement.
(c) Effectiveness of amendment adding collateral. A financing statement that is amended by
an amendment that adds collateral is effective as to the added...
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25-14-5
Section 25-14-5 Registration requirements; limited registration; reciprocity; fees. (a)(1)
A person may not provide, advertise, or otherwise hold itself out as providing professional
employer services in this state unless the person is registered under this chapter to operate
a professional employer organization. (2) Each person desiring to operate as a professional
employer organization shall file with the secretary a completed registration form to include
the following information: a. The name or names under which the professional employer organization
conducts business. b. The address of the principal place of business of the professional employer
organization and the address of each office it maintains in this state. c. The professional
employer organization's taxpayer or employer identification number. d. A list by jurisdiction
of each name under which the professional employer organization has operated in the preceding
five years, including any alternative names, names of...
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7-9-302
interest in property subject to the statute or treaty can be perfected only by compliance therewith
except as provided in Section 7-9-103 on multiple state transactions. Duration and renewal
of perfection of a security interest perfected by compliance with the statute or treaty are
governed by the provisions of the statute or treaty; in other respects the security interest
is subject to this article. (5)(a) The filing provisions of this article also do not apply
to a security interest in personal property or fixtures of a utility which is created
by a mortgage or other security agreement which also covers real property situated in the
State of Alabama and which has been filed for record in accordance with the laws of Alabama
governing mortgages of real property. Such security interest shall be perfected by such filing,
whether such filing shall have been accomplished before or after February 1, 1982; and such
security interest shall be and remain effective, both as to the personal...
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