Alabama Statutes

§ 5-19A-6 — Redemption or Automatic Forfeiture of Pledged Goods

Alabama § 5-19A-6
JurisdictionAlabama
Title 5Banks and Financial Institutions
Ch. 19AAlabama Pawnshop Act

This text of Alabama § 5-19A-6 (Redemption or Automatic Forfeiture of Pledged Goods) 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 § 5-19A-6 (2026).

Text

A pledgor shall have no obligation to redeem pledged goods or make any payment on a pawn transaction. Pledged goods not redeemed within 30 days following the originally fixed maturity date shall be forfeited to the pawnbroker and absolute right, title, and interest in and to the goods shall vest in the pawnbroker.

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Related

In Re Young
281 B.R. 74 (S.D. Alabama, 2001)
12 case citations
Geddes v. Mayhall Enterprises, LLC (In Re Jones)
304 B.R. 462 (N.D. Alabama, 2003)
9 case citations
In re Bramlett
483 B.R. 244 (N.D. Alabama, 2012)
6 case citations
In Re Jones
206 B.R. 569 (M.D. Alabama, 1997)
4 case citations
Bernice Gunn v. Title Max of AL, Inc.
317 F. App'x 883 (Eleventh Circuit, 2008)
1 case citations
Donna R Thompson
(M.D. Alabama, 2019)
Gregory Mayo
(M.D. Alabama, 2021)
Kisha Yvonne Daniel
(M.D. Alabama, 2019)
Levia Womack
(M.D. Alabama, 2020)

Legislative History

(Acts 1992, No. 92-597, p. 1227, §6.)

Nearby Sections

15
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Bluebook (online)
Alabama § 5-19A-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/5-19A-6.