Statutes > Alabama Statutes > Title 7 — COMMERCIAL CODE. > Article 9 — SECURED TRANSACTIONS; SALES OF ACCOUNTS AND CHATTEL PAPER. > Section 7-9-505 Compulsory disposition of collateral; acceptance of the collateral as discharge of obligation.

Section 7-9-505 Compulsory disposition of collateral; acceptance of the collateral as discharge of obligation.

Section 7-9-505

Compulsory disposition of collateral; acceptance of the collateral as discharge of obligation.

Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.

(Acts 1965, No. 549, p. 811; Acts 1981, No. 81-312, p. 399.)