Code of Alabama
Ala. Code § 7-4A-505 (2026)
Preclusion of Objection to Debit of Customer’s Account.
✓ official Alabama Legislature (ALISON) text, current July 2026
If a receiving bank has received payment from its customer with respect to a payment order issued in the name of the customer as sender and accepted by the bank, and the customer received notification reasonably identifying the order, the customer is precluded from asserting that the bank is not entitled to retain the payment unless the customer notifies the bank of the customer’s objection to the payment within one year after the notification was received by the customer.
(Acts 1992, 2nd Ex. Sess., No. 92-701, p. 145, §1.)
Notes of Decisions
Cited in 2
cases, 2010–2012 · leading case: Absolute Drug Detection Servs., Inc. v. Regions Bank, 116 So. 3d 1162 (Ala. Civ. App. 2012).
Absolute Drug Detection Servs., Inc. v. Regions Bank, 116 So. 3d 1162 (Ala. Civ. App. 2012). “Additionally, unauthorized wire transfers must be reported within one year of a customer’s receiving notice sufficient to have compelled the customer to report the unauthorized transaction under Ala.Code 1975, § 7-4A-505. That statute applies to transfers of funds, including…”
Brannon v. BankTrust, Inc., 50 So. 3d 397 (Ala. 2010). “George argued, and the trial court agreed, that the Fittses’ claims were barred by the one-year statute of repose in § 7-4A-505, Ala.Code 1975. This Court affirmed the trial court’s judgment, specifically holding that Article 4A displaced the Fittses’ common-law claims.”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.