Code of Alabama

Ala. Code § 7-9-317 (2026)

Secured Party Not Obligated on Contract of Debtor.

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Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.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

Notes of Decisions
Cited in 1 case, 1988–1988 · leading case: Lawson State Cmty. Coll. v. First Cont'l Leasing Corp., 529 So. 2d 926 (Ala. 1988).
Lawson State Cmty. Coll. v. First Cont'l Leasing Corp., 529 So. 2d 926 (Ala. 1988). · cites it 3× “Code (1975), § 7-9-317. That section provides that "[t]he mere existence of a security interest .”
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