Alabama Code 21-1-88. Applicability; validation of certain prior sales
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Terms Used In Alabama Code 21-1-88
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
This article shall not affect liabilities incurred, rights or benefits accrued, or proceedings begun before August 8, 1991. Provided, however, all sales or disposal of tangible personal property or standing timber owned by the Alabama Institute for Deaf and Blind and made in accordance with the general procedure provided herein, are hereby validated retroactively.