Alabama Code 8-29-5. Waiver of right to receive interest
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Terms Used In Alabama Code 8-29-5
- Contract: A legal written agreement that becomes binding when signed.
A party may not waive the right to receive interest before a payment is due under a contract subject to this section. A party may waive the interest due on any late payment on or after the date the payment is due under Section 8-29-3.