Title 8 — Title 8
0 chapters · 1,049 sections in this title.
Ala. Code § 8-5-1 Action on Instrument Issued to Circulate as Money Without Authority;
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Interest on Same. Every bill of exchange, note, bond, or instrument of any description, whatever may be its form or device, issued with the intent to circulate as money without authority of law, is an absolute, unconditional promise of the association or person putting such bill,…
Ala. Code § 8-5-2 Issuance of Change Bills, Etc., by Corporations Prohibited
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No corporation doing business in this state shall pay out, by its agents or officers, any change bills, notes, or paper issued without authority of law, the circulation or passing of which is prohibited by the laws of this state; and if such corporation allows the same, it incurs…
Ala. Code § 8-5-20 Bonds, Contracts, Writings for Payment of Money, Etc., Assignable by
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Endorsement. All bonds, writings, and contracts for the payment of money, or other thing, or the performance of any act or duty, are assignable by endorsement so as to authorize an action thereon by each successive endorsee. History: (Code 1852, §1530; Code 1867, §1838; Code 1876…
Ala. Code § 8-5-21 Assignment of Future Wages Void
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(a) All assignments made by any person of salaries or wages, to be earned in the future, shall be absolutely void. (b) The provisions of this section shall also apply to orders given by employees covering the whole or part of future wages. History: (Acts 1911, No. 226, p. 370; Co…
Ala. Code § 8-5-22 Right to Assign Interest in Crops
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Nothing in Section 8-5-21 shall be construed to affect the right of the laborer under Section 35-9-37 to assign his interest in a crop. History: (Code 1923, §9234; Acts 1935, No. 159, p. 202; Code 1940, T. 39, §203.)
Ala. Code § 8-5-23 Property Injury Claims Against Railroads Assignable
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Claims against railroad companies for injuries to property may be assigned in writing, and each successive assignee thereof may bring an action thereon in his own name. History: (Code 1876, §2119; Code 1886, §1763; Code 1896, §877; Code 1907, §5159; Code 1923, §9235; Code 1940, T…
Ala. Code § 8-5-24 Effect of Transfer of Bill, Note, Etc., Given for Purchase Money of
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Lands. The transfer of a bond, bill, or note given for the purchase money of lands, whether the transfer be by delivery merely or in writing, expressed to be with or without recourse on the transferor, passes to the transferee the lien of the vendor of the lands. History: (Code 1…
Ala. Code § 8-5-25 Contracts, Writings and Paper Circulated as Money Subject to
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Payments, Setoffs and Discounts Prior to Notice of Assignment. All contracts and writings, except such as are governed by the Uniform Commercial Code, and paper issued to circulate as money, are subject to all payments, setoffs, and discounts had or possessed against the same pre…
Ala. Code § 8-5-26 Action to Charge Endorser or Assignor on Contracts Assigned by
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Writing and Not Covered by Uniform Commercial Code - Time for Bringing Action Against Maker; Issuance of Execution When Judgment Obtained; Proof of Inability of Maker to Pay Judgment. (a) On all contracts assigned by writing which are not governed by the Uniform Commercial Code, …
Ala. Code § 8-5-27 Action to Charge Endorser or Assignor on Contracts Assigned by
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Writing and Not Covered by Uniform Commercial Code - Extension or Waiver of Time for Bringing Action by Endorser or Assignor. The time for bringing the action, as required by Section 8-5-26, may be extended or waived by the consent of the endorser or assignor in writing signed by…
Ala. Code § 8-5-28 Action to Charge Endorser or Assignor on Contracts Assigned by
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Writing and Not Covered by Uniform Commercial Code - When Holder of Contract Excused from Bringing Action, Obtaining Judgment, Etc. The holder of an endorsed or assigned contract which is not governed by the Uniform Commercial Code is excused from bringing an action, obtaining th…
Ala. Code § 8-5-29 Action to Charge Endorser or Assignor on Contracts Assigned by
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Writing and Not Covered by Uniform Commercial Code - Applicability of Sections 8- 5-26 through 8-5-28. All assignments or endorsements in writing of contracts which are not governed by the Uniform Commercial Code, whether regular or irregular, must be construed as within the mean…
Ala. Code § 8-5-30 Action to Charge Endorser or Assignor on Contracts Assigned by
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Writing and Not Covered by Uniform Commercial Code - Costs Recoverable Against Assignor or Endorser. The costs in an action against the maker in an assigned or endorsed contract which is not governed by the Uniform Commercial Code are recoverable in the action against the assigno…