2020 Code of Alabama
Title 7 - Commercial Code.
Article 8 - Investment Securities.
Part 1 - Short Title and General Matters.
Section 7-8-111 - Clearing Corporation Rules.

Universal Citation: AL Code § 7-8-111 (2020)

Section 7-8-111

Clearing corporation rules.

A rule adopted by a clearing corporation governing rights and obligations among the clearing corporation and its participants in the clearing corporation is effective even if the rule conflicts with this title and affects another party who does not consent to the rule.

(Acts 1996, No. 96-742, p. 1241, §1.)

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