13 chapters · 900 sections in this title.
Ala. Code § 6-6-794 Engagement and Compensation of Professional
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(a) With court approval, a receiver may engage an attorney, accountant, appraiser, auctioneer, broker, or other professional to assist the receiver in performing a duty or exercising a power of the receiver. The receiver shall disclose to the court all of the following: (1) The i…
Ala. Code § 6-6-795 Use or Transfer of Receivership Property Not in Ordinary Course of Business
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(a) In this section, “good faith” means honesty in fact in the conduct or transaction concerned. (b) With court approval, a receiver may use receivership property other than in the ordinary course of business. (c) With court approval, a receiver may transfer receivership property…
Ala. Code § 6-6-796 Executory Contract
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(a) In this section, “timeshare interest” means an interest having a duration of more than three years which grants its holder the right to use and occupy an accommodation, facility, or recreational site, whether improved or not, for a specific period less than a full year during…
Ala. Code § 6-6-797 Defenses and Immunities of the Receiver
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A receiver is entitled to all defenses and immunities provided by the law of this state other than this article for an act or omission within the scope of the receiver’s appointment. (Act 2024-380, §18.)