There is a newer version of the Code of Alabama
2006 Alabama Code - Chapter 1 — CONTRACTS.
Article 1 General Provisions.
- Section 8-1-1 — Contracts restraining business void; exceptions.
- Section 8-1-2 — Written contract not expressing parties' intent may be revised.
- Section 8-1-3 — Receipt or acknowledgment for collateral required.
- Section 8-1-4 — Reimbursement for certain federal manufacturer's excise taxes; option to tender payment one business day before remittance due to Internal Revenue Service; notification and security; applicability.
Article 2 Accord and Satisfaction.
- Section 8-1-20 — "Accord" defined.
- Section 8-1-21 — Obligation not extinguished by accord until executed.
- Section 8-1-22 — Accepting accord consideration deemed satisfaction.
- Section 8-1-23 — Obligation extinguished by new consideration or writing.
Article 3 Specific Performance.
- Section 8-1-40 — Specific performance not enforced in certain cases.
- Section 8-1-41 — Obligations which cannot be specifically enforced.
- Section 8-1-42 — Specific performance not enforced for party not fully performing conditions precedent.
- Section 8-1-43 — Neither party to obligation compelled specifically to perform unless other party performs.
- Section 8-1-44 — Contract signed by one party only may be enforced by other.
- Section 8-1-45 — Imposition of penalty or liquidation of damages not bar to specific performance.
- Section 8-1-46 — Obligation on real estate specifically enforced against person subsequently claiming title.
- Section 8-1-47 — Presumptions as to availability of specific performance as remedy.
Article 4 Hirings.
- Section 8-1-60 — Thing let for particular purpose to be so used.
- Section 8-1-61 — Lessee to use ordinary care.
- Section 8-1-62 — Lessee to repair injuries.
- Section 8-1-63 — When lessor may reclaim before end of term.
Article 5 Pawnbrokers.
Article 6 Bidding at Public Sales.
- Section 8-1-100 — Consideration for bidding or not bidding at public sale prohibited.
- Section 8-1-101 — Bids on public lands under agreement to transfer same prohibited.
- Section 8-1-102 — Contracts violating Sections 8-1-100 and 8-1-101 void.
- Section 8-1-103 — Selling improvements on public lands by person making same.
Article 7 Future Delivery.
- Section 8-1-120 — Definitions.
- Section 8-1-121 — Certain contracts for future delivery void; exceptions.
- Section 8-1-122 — Failure to furnish statement on future delivery prima facie evidence of illegal contract.
- Section 8-1-123 — Failure to deliver after deposit of margins prima facie evidence of void contract.
- Section 8-1-124 — Contracts for future delivery of cotton not made subject to federal statutes prima facie evidence of void contract.
- Section 8-1-125 — Making or assisting in making contract for future delivery when actual delivery not intended — Profit intended to be paid in money on day of delivery.
- Section 8-1-126 — Making or assisting in making contract for future delivery when actual delivery not intended — Price based on bona fide sales on exchange or board of trade without making execution on exchange or board of trade.
- Section 8-1-127 — Futures contracts made in another state.
- Section 8-1-128 — Establishing office to engage in business of "futures".
- Section 8-1-129 — Proof of establishment of place to publish commodities information prima facie evidence of guilt.
- Section 8-1-130 — Persons involved in futures contracts not excused from testifying; participation prima facie evidence of guilt.
- Section 8-1-131 — Money paid on illegal contract may be recovered.
Article 8 Gaming and Wagering.
- Section 8-1-150 — Contracts founded upon gambling consideration void; recovery of money paid or things of value delivered.
- Section 8-1-151 — Creditor of losing party under gambling contract may garnish winner.
- Section 8-1-152 — Answers in actions under article not to be used in criminal prosecutions.
Article 9 Insane Persons.
Disclaimer: These codes may not be the most recent version. Alabama may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.