{"data":{"id":"us-al/ala.-code-11-50-7","jurisdiction":"us-al","citation":"Ala. Code § 11-50-7","heading":"Provision in Purchase Agreement as to Franchise Right of Purchaser at Foreclosure Sale.","body":"By the terms of purchase, it may be further provided that the purchaser at a foreclosure sale under such mortgage or deed of trust shall have a franchise for not exceeding 30 years to operate such plant.","path":["Title 11 Counties and Municipal Corporations.","Title 2 Provisions Applicable to Municipal Corporations Only.","Chapter 50 Public Utilities.","Article 1 General Provisions."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=11-50-7","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:51Z","sha256":"4d4fb7175f7173513dcef36e30268e9df6a33ccda6aa1a0a2559f047acbc65c7","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-11-50-6.1","next":"us-al/ala.-code-11-50-8"},"notice":"GroundRules: Original legal text. Not legal advice."}