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Alabama · Through Act 2026-611

Ala. Code § 35-12-87: Disposition of Property Having No Substantial Commercial Value.

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Where this section sits in the code
  1. Title 35 Property.
  2. Chapter 12 Lost or Unclaimed Property.
  3. Article 2A Uniform Disposition of Unclaimed Property Act of 2004.

If the Treasurer determines after investigation that property delivered under this article has no substantial commercial value, the Treasurer may destroy or otherwise dispose of the property at any time. An action or proceeding may not be maintained against the state, the Treasurer, or the holder for or on account of an act of the Treasurer under this section, except for intentional misconduct of malfeasance.

Collected 2026-09-03T14:01:52Z. Source file · JSON

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