Alabama Code 6-2-17. Effect of foreign statutes upon actions on contracts
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Terms Used In Alabama Code 6-2-17
- Contract: A legal written agreement that becomes binding when signed.
- 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
- Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.
When the statute of limitations of another state or foreign country has created a bar to an action upon a contract made or act done in such state or country while the party sought to be charged thereby was a resident of such state or country, the bar thus created is effectual in this state against any action commenced thereon in the same manner it would have been in the state or country where the act was done or contract made.