Alabama § 8-8-9 Interest on Unauthorized Change Bills and Notes Not Exceeding $1

Alabama Statutes

§ 8-8-9 — Interest on Unauthorized Change Bills and Notes Not Exceeding $1

Alabama § 8-8-9

Title 8Commercial Law and Consumer Protection

Ch. 8Interest and Usury

This text of Alabama § 8-8-9 (Interest on Unauthorized Change Bills and Notes Not Exceeding $1) 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 § 8-8-9 (2026).

Text

All change bills and notes for a sum not exceeding $1 issued or circulated in this state without authority of law bear interest at the rate of 100 percent per annum from the day of their date, time of issue or circulation, and may be sued on by the holder thereof, without regard to the person to whom the same are payable, and a recovery had against the person issuing or giving circulation to the same.

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All change bills and notes for a sum not exceeding $1 issued or circulated in this state without authority of law bear interest at the rate of 100 percent per annum from the day of their date, time of issue or circulation, and may be sued on by the holder thereof, without regard to the person to whom the same are payable, and a recovery had against the person issuing or giving circulation to the same.