Code of Alabama

Ala. Code § 7-9-105 (2026)

Definitions and Index of Definitions.

✓ official Alabama Legislature (ALISON) text, current July 2026

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Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.

(Acts 1965, No. 549, p. 811; Acts 1981, No. 81-312, p. 399; Acts 1995, No. 95-668, p. 1381, &amp;amp;sect;4; Acts 1996, No. 96-742, p. 1241, &amp;amp;sect;2; Acts 1997, No. 97-702, &amp;amp;sect;2.)

Notes of Decisions

Cited in 26 cases, 1979–2012 · leading case: Morgan v. Farmers & Merchants Bank, 856 So. 2d 811 (Ala. 2003).

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Morgan v. Farmers & Merchants Bank, 856 So. 2d 811 (Ala. 2003). · cites it 11× “*Page 817 "( l ) To a transfer of an interest in any deposit account (subsection (1) of Section 7-9-105), except as provided with respect to proceeds (Section 7-9-306) and priorities in proceeds (Section 7-9-312).”

Lawson State Cmty. Coll. v. First Cont'l Leasing Corp., 529 So. 2d 926 (Ala. 1988). · cites it 4× “Code (1975), § 7-9-105(1)(b) and comment 4, and the Article applies not only to assignments of chattel paper as security but also to the outright sale of chattel paper, see id.”

Greene v. Assocs. (In Re Green), 248 B.R. 583 (Bankr. N.D. Ala. 2000). · cites it 6× “” Ala.Code § 7-9-105(1)0 (1997). Section 7-9-105(l)(h) delineates that “ ‘[gjoods’ includes all things which are moveable at the time the security interest attaches .”

Toomey Equip. Co. v. Com. CREDIT, ETC., 386 So. 2d 1155 (Ala. Civ. App. 1980). · cites it 6× “" § 7-9-105 (1)(b). Furthermore, it is clear that chattel paper can serve as collateral, § 7-9-105 (1)(c); that CCEC is a secured party, whether it has a security interest in the chattel paper or is one to whom chattel paper has been sold, § 7-9-105 (1)(i); and, that Toomey is a…”

Wadsworth v. Yancey Bros. Co., 423 So. 2d 1343 (Ala. 1982). · cites it 2× “See, specifically, § 7-9-102 (1)(b) (sale of chattel paper); § 7-9-102 (2) (transfer for security of chattel paper); § 7-9-105 (1)(a) (definition of account debtor), -(1)(b) (definition of chattel paper), -(1)(d) (definition of debtor); § 7-9-308 (priority of rights after…”

Prescott v. Thompson Tractor Co., Inc., 495 So. 2d 513 (Ala. 1986). · cites it 2× “Section 7-9-504 (3) provides that "every aspect of the disposition [of collateral,] including the method, manner, time, place and terms must be commercially reasonable.”

Jester v. State, 668 So. 2d 822 (Ala. Civ. App. 1995). · cites it 3× “" Ala. Code 1975, § 7-9-105(1)(l). A security interest is "an interest in personal property or fixtures which secures payment or performance of an obligation.”

First Alabama Bank of Montgomery, NA v. Parsons, 390 So. 2d 640 (Ala. Civ. App. 1980). · cites it 2× “If a guarantor is not a debtor within the meaning of that section, as the bank urges, then the trial court erred in ruling the bank's deficiency judgment action was barred by its failure to comply with § 7-9-504 (3). Put another way, the bank contends that guarantors, such as…”

White v. Dawson (In Re Dawson), 52 B.R. 444 (Bankr. N.D. Ala. 1984). · cites it 3× “Code Section 7-9-105(l)(e) (1984 Supp.). 6 . This account has been accruing interest at the rate of 5¼% per annun.”

Turner v. DeKalb Bank (In Re Turner), 209 B.R. 558 (Bankr. N.D. Ala. 1997). · cites it 2× “” See Ala.Code § 7-9-105 (1975). Further, the definition for “secured party” does not exclude that party from ownership.”

Bischoff v. Thomasson, 400 So. 2d 359 (Ala. 1981). “See Code 1975, §§ 7-9-105 (1)(d) and -112 (b). Thus, Thomasson claims he is entitled to possession of the ring on the strength of this provision alone.”

Com. Union Bank v. John Deere Indus. Equip. Co., 387 So. 2d 787 (Ala. 1980). “'" [§ 7-9-105 (d)], Id. at 1319. American Forest Resources was only required to pay rent on a monthly basis for the use of the equipment; therefore, it "did not owe performance of an `obligation secured' by the collateral in question" until the purchase agreement was executed on…”

Show all 26 citing cases →

— Ala. Code § 7-9-105(1) — 1 case

Greene v. Assocs. (In Re Green), 248 B.R. 583 (Bankr. N.D. Ala. 2000). “” Ala.Code § 7-9-105(1)0 (1997). Section 7-9-105(l)(h) delineates that “ ‘[gjoods’ includes all things which are moveable at the time the security interest attaches .”

— Ala. Code § 7-9-105(1)(a) — 1 case

Wadsworth v. Yancey Bros. Co., 423 So. 2d 1343 (Ala. 1982). “See, specifically, § 7-9-102 (1)(b) (sale of chattel paper); § 7-9-102 (2) (transfer for security of chattel paper); § 7-9-105 (1)(a) (definition of account debtor), -(1)(b) (definition of chattel paper), -(1)(d) (definition of debtor); § 7-9-308 (priority of rights after…”

— Ala. Code § 7-9-105(1)(b) — 1 case

Lawson State Cmty. Coll. v. First Cont'l Leasing Corp., 529 So. 2d 926 (Ala. 1988). “Code (1975), § 7-9-105(1)(b) and comment 4, and the Article applies not only to assignments of chattel paper as security but also to the outright sale of chattel paper, see id.”

— Ala. Code § 7-9-105(1)(d) — 3 cases

First Alabama Bank of Montgomery v. Parsons, 426 So. 2d 416 (Ala. 1983).

Rhyne v. H & B Motors, 505 So. 2d 307 (Ala. 1987).

Brannon v. State, 41 So. 3d 833 (Ala. Crim. App. 2008).

— Ala. Code § 7-9-105(1)(e) — 1 case

Morgan v. Farmers & Merchants Bank, 856 So. 2d 811 (Ala. 2003). “*Page 817 "( l ) To a transfer of an interest in any deposit account (subsection (1) of Section 7-9-105), except as provided with respect to proceeds (Section 7-9-306) and priorities in proceeds (Section 7-9-312).”

— Ala. Code § 7-9-105(1)(i) — 1 case

— Ala. Code § 7-9-105(1)(l) — 1 case

Jester v. State, 668 So. 2d 822 (Ala. Civ. App. 1995). “" Ala. Code 1975, § 7-9-105(1)(l). A security interest is "an interest in personal property or fixtures which secures payment or performance of an obligation.”

— Ala. Code § 7-9-105(1)(m) — 4 cases

Rhyne v. H & B Motors, 505 So. 2d 307 (Ala. 1987).

Brannon v. State, 41 So. 3d 833 (Ala. Crim. App. 2008).

Jackson v. State, 953 So. 2d 1286 (Ala. Crim. App. 2006).

— Ala. Code § 7-9-105(4) — 1 case

Rent-A-Ctr. v. Shelby (In Re Shelby), 127 B.R. 682 (Bankr. N.D. Ala. 1991).

— Ala. Code § 7-9-105(a) — 1 case

— Ala. Code § 7-9-105(d) — 4 cases

Brannon v. State, 41 So. 3d 833 (Ala. Crim. App. 2008).

Rhyne v. H & B Motors, 505 So. 2d 307 (Ala. 1987).

Harris v. State, 639 So. 2d 949 (Ala. 1993).

— Ala. Code § 7-9-105(l)(d) — 2 cases

Brannon v. State, 41 So. 3d 833 (Ala. Crim. App. 2008).

Harris v. State, 639 So. 2d 949 (Ala. 1993).

— Ala. Code § 7-9-105(l)(e) — 1 case

White v. Dawson (In Re Dawson), 52 B.R. 444 (Bankr. N.D. Ala. 1984). “Code Section 7-9-105(l)(e) (1984 Supp.). 6 . This account has been accruing interest at the rate of 5¼% per annun.”

— Ala. Code § 7-9-105(l)(f) — 1 case

In Re Hamby, 19 B.R. 776 (Bankr. N.D. Ala. 1982).

— Ala. Code § 7-9-105(l)(g) — 1 case

White v. Dawson (In Re Dawson), 52 B.R. 444 (Bankr. N.D. Ala. 1984). “Code Section 7-9-105(l)(e) (1984 Supp.). 6 . This account has been accruing interest at the rate of 5¼% per annun.”

— Ala. Code § 7-9-105(l)(h) — 2 cases

In Re Mitchell, 44 B.R. 485 (Bankr. N.D. Ala. 1984).

— Ala. Code § 7-9-105(l)(m) — 3 cases

State v. Pressley, 100 So. 3d 1058 (Ala. Civ. App. 2012).

Brannon v. State, 41 So. 3d 833 (Ala. Crim. App. 2008).

Harris v. State, 639 So. 2d 949 (Ala. 1993).

— Ala. Code § 7-9-105(m) — 3 cases

Brannon v. State, 41 So. 3d 833 (Ala. Crim. App. 2008).

Rhyne v. H & B Motors, 505 So. 2d 307 (Ala. 1987).

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