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Alabama 2026rs

SB 15

Uniform Assignment for Benefit of Creditors Act; creates a voluntary state law process for distressed organizations to liquidate assets and distribute proceeds to creditors

Source: Open States / PluralUpdated 2026-09-11 02:11:04 UTC.

Official record

Measure details

Jurisdiction
Alabama
Session
2026rs
Chamber
upper
Classification
bill
Subjects
Businesses & Financial Institutions
Introduced / first action
2025-08-20 04:00:00

Source-supplied abstracts

Businesses & Financial Institutions

Sponsors

Source-supplied history

Actions

  1. Enacted

    became-law
  2. Ready to Enroll

  3. Enrolled

  4. Delivered to Governor

    executive-receipt
  5. Signature Requested

  6. Third Reading in Second House

  7. Motion to Read a Third Time and Pass - Adopted Roll Call 1237

    passage
  8. Reported Out of Committee Second House

  9. Read for the Second Time and placed on the Calendar (Financial Services)

    reading-2
  10. Read for the first time and referred to the House Committee on Financial Services

    reading-1, referral-committee
  11. Pending Committee Action in Second House (Financial Services)

  12. Engrossed

  13. Third Reading in House of Origin

  14. Fiscal Responsibility and Economic Development 1st Amendment Offered (Fiscal Responsibility and Economic Development)

    amendment-introduction
  15. Givhan motion to Adopt - Adopted Roll Call 331

    amendment-passage
  16. Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 332

    passage
  17. Fiscal Responsibility and Economic Development 1st Amendment (Fiscal Responsibility and Economic Development)

  18. Reported Out of Committee House of Origin

  19. Read for the Second Time and placed on the Calendar (Fiscal Responsibility and Economic Development)

    reading-2
  20. Read for the first time and referred to the Senate Committee on Fiscal Responsibility and Economic Development

    reading-1, referral-committee
  21. Pending Committee Action in House of Origin (Fiscal Responsibility and Economic Development)

  22. Filed

    filing

Recorded votes

Roll calls

No recorded vote is supplied for this bill.

When supplied by the API

Related measures

No resolvable related measure is supplied.