Code of Alabama

Ala. Code § 8-29-5 (2026)

Waiver of Right to Receive Interest.

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