Alabama Statutes
§ 8-5-24 — Effect of Transfer of Bill, Note, Etc., Given for Purchase Money of Lands
Alabama·Title 8 Commercial Law and Consumer Protection·Ch. 5 Nonnegotiable Instruments·Art. 2 Assignments and Endorsements
The transfer of a bond, bill, or note given for the purchase money of lands, whether the transfer be by delivery merely or in writing, expressed to be with or without recourse on the transferor, passes to the transferee the lien of the vendor of the lands.
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Alabama § 8-5-24 (Effect of Transfer of Bill, Note, Etc., Given for Purchase Money of Lands) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Summerlin v. Shellpoint Mortgage Services
165 F. Supp. 3d 1099 (N.D. Alabama, 2016)
Associates of Selma, Inc. v. Whetstone
628 So. 2d 578 (Supreme Court of Alabama, 1993)
JLJ, Inc. v. Rush Building Co. (In re JLJ, Inc.)
115 B.R. 324 (N.D. Alabama, 1990)
Legislative History
(Code 1886, §1764; Code 1896, §878; Code 1907, §5160; Code 1923, §9236; Code 1940, T. 39, §205.)
Nearby Sections
15
§ 8-1-120
Definitions