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Alabama · Through Act 2026-611

Ala. Code § 35-13-5: Compensation of Taker.

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Where this section sits in the code
  1. Title 35 Property.
  2. Chapter 13 Salvage.

(a) The taker is entitled to 10 percent on the appraised value of each bale of cotton and on other property as follows: 25 percent on all under $30.00; between $30.00 and $100.00, 20 percent; between $100.00 and $500.00, 15 percent; between $500.00 and $1,000.00, 10 percent; and on all over $1,000.00, five percent.

(b) The taker is also entitled to the court fees paid by him, the expenses of the advertisement, if published in a newspaper, and reasonable compensation for the keeping, if necessary to preserve the property from loss or injury, to be ascertained as in the case of estrays.

Collected 2026-09-03T14:01:51Z. Source file · JSON

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