Code of Alabama
Ala. Code § 7-8-101 (2026)
Short Title.
✓ official Alabama Legislature (ALISON) text, current July 2026
This article may be cited as Uniform Commercial Code - Investment Securities.
(Acts 1965, No. 549, p. 811; repealed by Acts 1996, No. 96-742, p. 1241, §1; added by Acts 1996, No. 96-742, p. 1241, §1.)
Notes of Decisions
Cited in 4
cases, 1985–2009 · leading case: Matter of Sandefer, 47 B.R. 133 (Bankr. N.D. Ala. 1985).
Matter of Sandefer, 47 B.R. 133 (Bankr. N.D. Ala. 1985). “Ala.Code § 7-8-101 et seq. (1975). Section 7-8-317 provides: “No attachment or levy upon a security or any share or other interest evidenced thereby which is outstanding shall be valid until the security is actually seized by the officer making the attachment or levy but a…”
Matter of Head, 204 B.R. 1022 (Bankr. N.D. Ala. 1997). “But Not To Be Forgotten, Uniform Commercial Code — Investment Securities Although not raised by either party, an additional basis for sustaining Toffel’s objection is provided by Alabama’s Uniform Commercial Code — Investment Securities, Ala. Code § 7-8-101 (1993). In this…”
Butler v. Maxistorage, Inc., 33 So. 3d 1221 (Ala. Civ. App. 2009). “To support their contention, the Butlers rely on Article 8 of Alabama’s version of the Uniform Commercial Code, § 7-8-101 et seq., Ala.Code 1975, which, they argue, requires a physical delivery of a certificate to complete a transfer of stock ownership.”
Primm v. Primm, 621 So. 2d 1298 (Ala. 1993). “The Jackson County Circuit Court held a hearing, during which the plaintiff argued that there had been an irrevocable transfer to her under the Uniform Commercial Code, § 7-8-101 et seq., when the stock was placed in her name, even though she did not have possession of it.”
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