Alabama § 35-4-95 Effect of Loans of Personal Property Not in Writing

Alabama Statutes

§ 35-4-95 — Effect of Loans of Personal Property Not in Writing

Alabama § 35-4-95

JurisdictionAlabama

Title 35Property

Ch. 4Conveyances and Creation of Estates

Art. 3Recordation and Registration in General

Div. 2Recordation Necessary as to Purchasers, Mortgagees, and Judgment Creditors

This text of Alabama § 35-4-95 (Effect of Loans of Personal Property Not in Writing) 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 § 35-4-95 (2026).

Text

All loans of personal property, not in writing, vest an absolute estate in the person in possession under such loan, as to purchasers and creditors of such person, after three years from the commencement of such loan, unless within that time the lender commences a civil action, in good faith, for the recovery of the property.

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Legislative History

(Code 1852, §1295; Code 1867, §1565; Code 1876, §2174; Code 1886, §1818; Code 1896, §1013; Code 1907, §3390; Code 1923, §6894; Code 1940, T. 47, §127.)