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Alabama · Through Act 2026-611

Ala. Code § 8-29-5: Waiver of Right to Receive Interest.

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Where this section sits in the code
  1. Title 8 Commercial Law and Consumer Protection.
  2. Chapter 29 Timely Payments to Contractors and Subcontractors.

A party may not waive the right to receive interest before a payment is due under a contract subject to this section. A party may waive the interest due on any late payment on or after the date the payment is due under Section 8-29-3.

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

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