Except as may be otherwise provided by the Uniform Commercial Code, actions on promissory notes, bonds, or other contracts, express or implied, for the payment of money are subject to any defense the payor, obligor, or debtor had against the payee, obligee, or creditor previous to notice of assignment or transfer.
Structure Code of Alabama
Article 16 - Contracts, Promises and Notes.
Section 6-5-280 - Breach of Contract - Limitation on Actions.
Section 6-5-281 - Breach of Contract - Successive Actions.
Section 6-5-282 - Breach of Contract - Ratable Compensation for Services.
Section 6-5-283 - Joint Obligations and Promises.
Section 6-5-285 - Holder of Worthless Check, Draft, or Order.
Section 6-5-286 - Defenses to Actions on Promissory Notes, Bonds, or Other Contracts.
Section 6-5-287 - Impeachment of or Inquiry Into Consideration of Sealed Instruments.