{"data":{"id":"us-al/ala.-code-26-1a-205","jurisdiction":"us-al","citation":"Ala. Code § 26-1A-205","heading":"Tangible Personal Property.","body":"Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to tangible personal property authorizes the agent to:\n(1) demand, buy, receive, accept as a gift or as security for an extension of credit, or otherwise acquire or reject ownership or possession of tangible personal property or an interest in tangible personal property;\n(2) sell; exchange; convey with or without covenants, representations, or warranties; quitclaim; release; surrender; create a security interest in; grant options concerning; lease; sublease; or, otherwise dispose of tangible personal property or an interest in tangible personal property;\n(3) grant a security interest in tangible personal property or an interest in tangible personal property as security to borrow money or pay, renew, or extend the time of payment of a debt of the principal or a debt guaranteed by the principal;\n(4) release, assign, satisfy, or enforce by litigation or otherwise, a security interest, lien, or other claim on behalf of the principal, with respect to tangible personal property or an interest in tangible personal property;\n(5) manage or conserve tangible personal property or an interest in tangible personal property on behalf of the principal, including:\n(A) insuring against liability or casualty or other loss;\n(B) obtaining or regaining possession of or protecting the property or interest, by litigation or otherwise;\n(C) paying, assessing, compromising, or contesting taxes or assessments or applying for and receiving refunds in connection with taxes or assessments;\n(D) moving the property from place to place;\n(E) storing the property for hire or on a gratuitous bailment; and\n(F) using and making repairs, alterations, or improvements to the property; and\n(6) change the form of title of an interest in tangible personal property.","path":["Title 26 Infants and Incompetents.","Chapter 1A Alabama Uniform Power of Attorney Act.","Article 2 Authority."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=26-1A-205","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:53Z","sha256":"bb37c093184c9b71108c4ad48267b2a97ed094a601f6df5adc6570b463c19071","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-26-1a-204","next":"us-al/ala.-code-26-1a-206"},"notice":"GroundRules: Original legal text. Not legal advice."}
