Bill Texts: AL SB15 | 2026 | Regular Session

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

Sponsorship: Partisan Bill (Republican 1)

Status: (Passed) 2026-04-17 - Enacted [SB15 Detail]

Bill Drafts

RevisionDateFormatSourceView
Enrolled2026-04-08PDFLinkView
Engrossed2026-02-11PDFLinkView
Introduced2025-08-20PDFLinkView

Amendments

AmendmentDateDispositionFormatSourceView
Senate Fiscal Responsibility and Economic Development Fiscal Responsibility and Economic Development 1st Amendment2026-01-21ProposedPDFLinkView

Supplemental Documents

TitleDescriptionDateFormatSourceView
Fiscal NoteReported by First Chamber CommitteeNot AvailPDFLinkView
Fiscal NoteIntroducedNot AvailPDFLinkView
Fiscal NotePassed First ChamberNot AvailPDFLinkView

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