Ala. Admin. Code r. 810-6-1-.89

Current through Register Vol. 43, No. 02, November 27, 2024

Section 810-6-1-.89 - Lease Sales-Retention Of Title

Transfers of property constitute sales when made under lease-sale or retention-of-title contracts where these contracts contemplate transfer of ownership when all of the agreed upon payments have been made. § 40-23-1(5).

Author:

Ala. Admin. Code r. 810-6-1-.89

Statutory Authority:Code of Ala. 1975, § 40-23-31.