Terms Used In Alabama Code > Title 37 > Chapter 8 > Article 5 > Division 6 - Signs Resembling Railroad Signs

• Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. ^{Source: OCC}
• Contract: A legal written agreement that becomes binding when signed.
• Conviction: A judgement of guilt against a criminal defendant.
• 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.
• following: means next after. See Alabama Code 1-1-1
• Grand jury: agreement providing that a lender will delay exercising its rights (in the case of a mortgage,
• insurance: as used in this chapter includes the term "annuity" and the term "policy" includes the term "contract. See Alabama Code 11-91-1
• person: includes a corporation as well as a natural person. See Alabama Code 1-1-1
• policy: includes the term "contract. See Alabama Code 11-91-1
• property: includes both real and personal property. See Alabama Code 1-1-1
• state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1