Code of Alabama
Ala. Code § 8-29-5 (2026)
Waiver of Right to Receive Interest.
✓ official Alabama Legislature (ALISON) text, current July 2026
A party may not waive the right to receive interest before a payment is due under a contract subject to this section. A party may waive the interest due on any late payment on or after the date the payment is due under Section 8-29-3.
(Acts 1995, No. 95-380, p. 775, §5.)