{"data":{"id":"us-al/ala.-code-5-19-5","jurisdiction":"us-al","citation":"Ala. Code § 5-19-5","heading":"Acceptance of Negotiable Instruments as Evidence of Consumer Debt.","body":"In a consumer credit sale, the seller may not take as evidence of the obligation of the buyer, a negotiable instrument other than (1) a check; or (2) a promise or order containing a statement, required by applicable statutory or administrative law, to the effect that the rights of a holder or transferee are subject to claims or defenses that the issuer could assert against the original payee. A holder is not a holder in due course if the holder takes a negotiable instrument with notice that it is issued in violation of this section. A holder in due course is not subject to the liabilities prescribed in this chapter.","path":["Title 5 Banks and Financial Institutions.","Chapter 19 Consumer Finance."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=5-19-5","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"7101e79f67cfa75baacf425b08fff79b5aa70f7db3b6008e9780e0d121f1a285","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-5-19-4","next":"us-al/ala.-code-5-19-6"},"notice":"GroundRules: Original legal text. Not legal advice."}