Alabama Statutes

§ 11-43C-75 — Notes Not Payable on Demand; Redemption Prior to Maturity; Private Sale

Alabama § 11-43C-75
JurisdictionAlabama
Title 11Counties and Municipal Corporations
Ch. 43CMayor-Council Form of Government in Class 5 Municipalities

This text of Alabama § 11-43C-75 (Notes Not Payable on Demand; Redemption Prior to Maturity; Private Sale) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ala. Code § 11-43C-75 (2026).

Text

No notes shall be made payable on demand, but any note may be made subject to redemption prior to maturity upon notice and at such time as may be stated in the note. All notes may be sold at not less than par and accrue interest at private sale without previous advertisement.

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Legislative History

(Acts 1987, No. 87-102, p. 116, §75.)

Nearby Sections

15
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Bluebook (online)
Alabama § 11-43C-75, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/11-43C-75.