When there are mutual accounts between persons who are not merchants, time must be computed from the date of the last item unless the account is liquidated and a balance struck.
Ala. Code § 6-2-11
Computation of Time - Nonmerchant Mutual Accounts.
(Code 1852, §2489; Code 1867, §2913; Code 1876, §3239; Code 1886, §2627; Code 1896, §2810; Code 1907, §4849; Code 1923, §8963; Code 1940, T. 7, §39.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.