{"data":{"id":"us-al/ala.-code-7-9a-918","jurisdiction":"us-al","citation":"Ala. Code § 7-9A-918","heading":"Assignee Removal; Successor Assignee.","body":"(a) The assignor or a creditor may request the circuit court to remove the assignee if the assignor or creditor has a reasonable belief grounds for removal exist under subsection (b).\n(b) After a request under subsection (a) or on the court’s initiative in an action pending before the court under Section 7-9A-921, the court may remove an assignee:\n(1) For cause, including the assignee’s fraud, dishonesty, incompetence, gross mismanagement, or failure to comply with this part; or\n(2) If removal of the assignee best serves the interests of the creditors.\n(c) After an assignee resigns, is removed, dies, or becomes incapacitated, a successor assignee provided for in the assignment agreement becomes the assignee unless the successor assignee is not eligible to be an assignee under Section 7-9A-904(a) or is subject to removal under subsection (b). A court shall appoint a successor assignee if:\n(1) The assignment agreement does not provide for a successor assignee; or\n(2) The successor assignee provided for in the assignment agreement is ineligible to be an assignee under Section 7-9A-904(a) or is subject to removal under subsection (b).\n(d) Subject to Section 7-9A-917, an assignee that resigns, is removed, dies, or becomes incapacitated is discharged from the assignee’s duties under this part when the assignee, or a representative of a deceased or incapacitated assignee:\n(1) Accounts for and turns over to the successor assignee all assets of the assignment estate; and\n(2) Submits to creditors a report summarizing the receipts and disbursements made during the service of the assignee.\n(e) Subject to an applicable privilege, a court may order an attorney, accountant, or other person that has information in a record relating to the assignment estate or the assignor’s financial affairs to turn over or disclose the record to the successor assignee.","path":["Title 7 Commercial Code.","Article 9A Secured Transactions.","Part 9 The Uniform Assignment for Benefit of Creditors Act."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=7-9A-918","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-10-10T05:41:29Z","sha256":"b6caa3db14a1a59d967578329979ed54d55007a64f511cd566c3f70fe7b5fdf5","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-7-9a-917","next":"us-al/ala.-code-7-9a-919"},"notice":"GroundRules: Original legal text. Not legal advice."}
