Alabama Statutes
§ 11-44C-75 — Notes Not Payable on Demand; Redemption Prior to Maturity; Private Sale
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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Alabama § 11-44C-75 (Notes Not Payable on Demand; Redemption Prior to Maturity; Private Sale) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Acts 1985, No. 85-229, p. 96, §75.)
Nearby Sections
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