Alabama Code 35-11-430. Lien declared
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Alabama Code 35-11-430
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Lien: A claim against real or personal property in satisfaction of a debt.
- person: includes a corporation as well as a natural person. See Alabama Code 1-1-1
Every person, firm, or corporation renting or leasing any appliance, machinery, or equipment to another for use in construction of a building or improvement on land or in repairing, altering, or beautifying the same or for use in clearing, draining, excavating, or landscaping of the ground upon which a building or improvement is being constructed, repaired, altered, or beautified shall have a lien upon the same for the reasonable rental value of the appliance, machinery, or equipment rented or leased for the period of actual use in such construction, repairing, altering, or beautifying; provided, however, that the lien hereby created shall not include the rental value of any hand tools.
