Alabama Code 26-15-4. Effect of chapter upon existing rights or liabilities, pending prosecutions, etc
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Terms Used In Alabama Code 26-15-4
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
All proceedings pending and all rights and liabilities existing, acquired, or incurred on May 11, 1977, are hereby saved and may be consummated according to the law in force when they were commenced. This chapter shall not be construed to affect any prosecution pending or begun before May 11, 1977.