Alabama § 31-8-25 Transfer or Discount of Pension Claims or Warrants

Alabama Statutes

§ 31-8-25 — Transfer or Discount of Pension Claims or Warrants

Alabama § 31-8-25

Title 31Military Affairs and Civil Defense

Ch. 8Pensions for Widows of Confederate Veterans

This text of Alabama § 31-8-25 (Transfer or Discount of Pension Claims or Warrants) 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 § 31-8-25 (2026).

Text

No person shall purchase or receive a transfer of any pension or warrant issued or to be issued under this chapter before the date provided for issuing warrants provided in this chapter, unless in writing transferred for face value or for supplies of merchandise, or unless discounted at nothing more than the legal rate of interest, which shall be stated in the instrument of transfer, and a copy of such transfer must be made and filed with the county department of human resources to be returned with a receipt to the State Department of Human Resources.

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No person shall purchase or receive a transfer of any pension or warrant issued or to be issued under this chapter before the date provided for issuing warrants provided in this chapter, unless in writing transferred for face value or for supplies of merchandise, or unless discounted at nothing more than the legal rate of interest, which shall be stated in the instrument of transfer, and a copy of such transfer must be made and filed with the county department of human resources to be returned with a receipt to the State Department of Human Resources.