Alabama Statutes
§ 6-5-486 — Optional Method of Payment of Judgments in Excess of $100,000
Alabama § 6-5-486
This text of Alabama § 6-5-486 (Optional Method of Payment of Judgments in Excess of $100,000) 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 § 6-5-486 (2026).
Text
Where a plaintiff recovers a judgment from a physician, dentist, or medical institution, as defined in Section 6-5-481, in an action for medical liability, and such judgment is in excess of $100,000, the court, in its discretion, may order that:
(1)There shall be deducted from the award, and paid to the plaintiff, an amount sufficient to cover his out-of-pocket expenses as well as his attorney’s fee.
(2)The remainder of the award shall be paid to the plaintiff in monthly installments in an amount calculated to provide the plaintiff a lifetime income.
(3)If the plaintiff should die before payment of all of said award, the same income shall be paid to the beneficiary of the plaintiff for the remainder of the payments due.
(4)The defendant file a surety bond with the court in an amount eq
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
(Acts 1975, No. 513, p. 148, §10.)
Nearby Sections
15
§ 6-10-10
County and Municipal Property§ 6-10-102
Effect of Removal from Homestead§ 6-10-103
Commissioners - Qualifications; Oath§ 6-10-104
Commissioners - Compensation§ 6-10-11
Exemptions in Federal Bankruptcy§ 6-10-12
Adjustments to Exemption ValuesCite This Page — Counsel Stack
Bluebook (online)
Alabama § 6-5-486, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/6-5-486.