Ala. Code § 8-9B-11

Current through the 2024 Regular Session.
Section 8-9B-11 - Governing law
(a) In this section, the following rules determine a debtor's location:
(1) A debtor who is an individual is located at the individual's principal residence.
(2) A debtor that is an organization and has only one place of business is located at its place of business.
(3) A debtor that is an organization and has more than one place of business is located at its chief executive office.
(b) A claim for relief in the nature of a claim for relief under this chapter is governed by the local law of the jurisdiction in which the debtor is located when the transfer is made.

Ala. Code § 8-9B-11 (1975)

Added by Act 2018-163,§ 1, eff. 1/1/2019.