Alabama Code 7-4-201. Status of collecting bank as agent and provisional status of credits, applicability of article; item indorsed “pay any bank.”
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Terms Used In Alabama Code 7-4-201
- Continuance: Putting off of a hearing ot trial until a later time.
- person: includes a corporation as well as a natural person. See Alabama Code 1-1-1
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.