Section 6-11-54 – Effects of Transfer of Rights.
Section 6-11-54 Effects of transfer of rights. (a) Following a transfer of structured settlement payment rights under this article: (1) The structured settlement obligor and the annuity issuer shall, as to all parties except the transferee, be discharged and released from any and all liability for the transferred payments. (2) The transferee shall be liable […]
Section 6-12A-7 – Review; Application for Permit; Rules and Regulations; Costs and Fees; Disgorgement of Profits.
Section 6-12A-7 Review; application for permit; rules and regulations; costs and fees; disgorgement of profits. (a) Notice and review of determination. A tobacco product manufacturer who does not agree with a determination by the commissioner to not list or to remove from the directory a brand family or tobacco product manufacturer shall be entitled to […]
Section 6-11-55 – Application for Approval of Transfer; Notice.
Section 6-11-55 Application for approval of transfer; notice. (a) An application under this article for approval of a transfer of structured settlement payment rights shall be made by the transferee and may be brought in the county in which the payee resides, in the county in which the structured settlement obligor or the annuity issuer […]
Section 6-11-56 – Waiver; Choice of Law; Procedures for Life-Contingent Rights; Liability.
Section 6-11-56 Waiver; choice of law; procedures for life-contingent rights; liability. (a) The provisions of this article may not be waived by any payee. (b) Any transfer agreement entered into on or after July 1, 2006, by a payee who resides in this state shall provide that disputes under the transfer agreement, including any claim […]
Section 6-11-57 – Applicability.
Section 6-11-57 Applicability. This article shall apply to any transfer of structured settlement payment rights under a transfer agreement entered into on or after the 30th day after July 1, 2006; provided, however, that nothing contained herein shall imply that any transfer under a transfer agreement reached prior to such date is either effective or […]
Section 6-11-58 – Relation to Workers’ Compensation Provisions.
Section 6-11-58 Relation to workers’ compensation provisions. Nothing in this article shall be construed to apply to any settlement under the Alabama Workers’ Compensation Law. (Act 2006-628, p. 1714, §9.)
Section 6-10-43 – Effect of Contest on Sale of Property and Lien Thereon.
Section 6-10-43 Effect of contest on sale of property and lien thereon. When a contest of a claim of exemption has been instituted, the property in contest shall not be sold by the officer until the contest is decided, but the lien thereon under the process or levy shall not be destroyed or impaired by […]
Section 6-10-94 – Reduced Homestead Incapable of Allotment – Possession by Surviving Spouse and Minor Children Until Sold, Etc.
Section 6-10-94 Reduced homestead incapable of allotment – Possession by surviving spouse and minor children until sold, etc. When the homestead, after being reduced to its lowest practicable area, still exceeds $6,000 in value and no exemption in lieu of homestead has been obtained, the surviving spouse and minor child or children, or either, may […]
Section 6-10-122 – How Made – Homestead.
Section 6-10-122 How made – Homestead. As to the homestead, the waiver must be by a separate instrument in writing, subscribed by the party making the same and attested by one witness. If such party is a married man, such waiver shall not be valid without the voluntary signature and assent of the wife and […]
Section 6-11-24 – No Presumption of Correctness to Apply to Damages on Appeal.
Section 6-11-24 No presumption of correctness to apply to damages on appeal. (a) On appeal, no presumption of correctness shall apply to the amount of punitive damages awarded. (b) The appellate court shall independently reassess the nature, extent and economic impact of such an award and reduce or increase the award if appropriate in light […]