Except as may be otherwise provided by Title 7 a mortgage of or security interest in personal property is not valid unless made in writing and subscribed by the mortgagor or debtor.
Ala. Code § 8-9-1
Mortgage of Personalty.
Applied in 1 court decision — leading case Dennis Speerly v. General Motors, LLC (2024)
Most recently applied in Dennis Speerly v. General Motors, LLC (August 2024)
(Code 1886, §1731; Code 1896, §2151; Code 1907, §4288; Code 1923, §8033; Code 1940, T. 20, §2.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.