Alabama Code > Title 45 > Chapter 17 > Article 8 > Part 3 > Division 3 – Reimbursement for Errors
Current as of: 2024 | Check for updates
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| § 45-17-82.40 | Reimbursement from general fund; due care |
Terms Used In Alabama Code > Title 45 > Chapter 17 > Article 8 > Part 3 > Division 3 - Reimbursement for Errors
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Probate: Proving a will
- Trustee: A person or institution holding and administering property in trust.