SB15 Alabama 2026 Session
In Committee
Bill Summary
Sponsors
Session
2026 Regular Session
Title
Uniform Assignment for Benefit of Creditors Act; creates a voluntary state law process for distressed organizations to liquidate assets and distribute proceeds to creditors
Description
Uniform Assignment for Benefit of Creditors Act; creates a voluntary state law process for distressed organizations to liquidate assets and distribute proceeds to creditors.
Subjects
Businesses & Financial Institutions
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| January 12, 2026 | S | Pending Senate Fiscal Responsibility and Economic Development |
| January 12, 2026 | S | Read for the first time and referred to the Senate Committee on Fiscal Responsibility and Economic Development |
| August 19, 2025 | S | Prefiled |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB15 Alabama 2026 Session - Introduced |
Source: Alabama Legislature