§ 35-12-20 Short title
§ 35-12-21 Definitions
§ 35-12-22 Property held by banking or financial organizations or business associations
§ 35-12-23 Unclaimed funds held by insurance corporations
§ 35-12-24 Deposits and refunds held by utilities
§ 35-12-24.1 Exemptions
§ 35-12-25 Undistributed dividends and distributions of business associations
§ 35-12-26 Intangible property of business associations and banking or financial organizations held in course of dissolution
§ 35-12-27 Intangible property held by fiduciaries
§ 35-12-28 Property held by federal courts, officers, authorities or agencies
§ 35-12-29 Miscellaneous personal property not otherwise covered by article
§ 35-12-30 Reciprocity for property abandoned or escheated under laws of another state
§ 35-12-31 Report of abandoned property
§ 35-12-32 Notice to be published and mailed by Treasurer
§ 35-12-33 Payment or delivery of abandoned property – Generally
§ 35-12-34 Payment or delivery of abandoned property – Relief from liability; rights become obligations of state; reimbursement
§ 35-12-35 Payment or delivery of abandoned property – Owner not entitled to income or other increments accruing after payment or delivery
§ 35-12-36 Disposition of property by Treasurer
§ 35-12-37 Duties, etc., not affected by expiration of limitation period
§ 35-12-38 Sale of abandoned property or securities; presentation of matured bonds for payment; publication of notice
§ 35-12-39 Deposit of funds
§ 35-12-40 Claims for property or proceeds of sale – Filing of claim
§ 35-12-41 Claims for property or proceeds of sale – Determination and payment by Treasurer
§ 35-12-42 Claims for property or proceeds of sale – Judicial review
§ 35-12-43 Examination of records by Treasurer
§ 35-12-44 Proceedings to compel delivery of abandoned property
§ 35-12-45 Penalties
§ 35-12-46 Confidentiality of information; rules and regulations of Treasurer; employees; special counsel
§ 35-12-47 Property presumed abandoned or escheated under laws of another state
§ 35-12-48 Construction of article

Terms Used In Alabama Code > Title 35 > Chapter 12 > Article 2 > Division 1 - In General

  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • circuit: means judicial circuit. See Alabama Code 1-1-1
  • Contract: A legal written agreement that becomes binding when signed.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Felony: A crime carrying a penalty of more than a year in prison.
  • Finance charge: The total cost of credit a customer must pay on a consumer loan, including interest. The Truth in Lending Act requires disclosure of the finance charge. Source: OCC
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • following: means next after. See Alabama Code 1-1-1
  • Forbearance: A means of handling a delinquent loan. A
  • Fraud: Intentional deception resulting in injury to another.
  • Grand jury: agreement providing that a lender will delay exercising its rights (in the case of a mortgage,
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • juries: include courts or judges in all cases when a jury trial is waived, or when the court or judge is authorized to ascertain and determine the facts as well as the law. See Alabama Code 1-1-1
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • officer: The term includes every person authorized to enforce the game and fish laws of this state, and whenever the possession, use, importation, transportation, storage, sale, offering, or exposing for sale of game birds, animals, or fish is prohibited or restricted, the prohibition or restriction shall extend to and include every part of the game, bird, animal, or fish, and a violation as to each animal, bird, or fish, or part thereof, shall be a separate offense. See Alabama Code 9-11-1
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • property: includes both real and personal property. See Alabama Code 1-1-1
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Statute: A law passed by a legislature.
  • Subpoena: A command to a witness to appear and give testimony.
  • Temporary restraining order: Prohibits a person from an action that is likely to cause irreparable harm. This differs from an injunction in that it may be granted immediately, without notice to the opposing party, and without a hearing. It is intended to last only until a hearing can be held.
  • Testify: Answer questions in court.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
  • United States: includes the territories thereof and the District of Columbia. See Alabama Code 1-1-1
  • Usury: Charging an illegally high interest rate on a loan. Source: OCC
  • writing: includes typewriting and printing on paper. See Alabama Code 1-1-1