(a) On all contracts assigned by writing which are not governed by the Uniform Commercial Code, an action to charge the endorser or assignor must be brought against the maker within 30 days after an action can properly be brought.
(b) If judgment is obtained, execution must be issued as authorized by law, and the inability of the maker to pay such judgment proved by the return of "no property."
Structure Code of Alabama
Title 8 - Commercial Law and Consumer Protection.
Chapter 5 - Nonnegotiable Instruments.
Article 2 - Assignments and Endorsements.
Section 8-5-20 - Bonds, Contracts, Writings for Payment of Money, etc., Assignable by Endorsement.
Section 8-5-21 - Assignment of Future Wages Void.
Section 8-5-22 - Right to Assign Interest in Crops.
Section 8-5-23 - Property Injury Claims Against Railroads Assignable.
Section 8-5-24 - Effect of Transfer of Bill, Note, etc., Given for Purchase Money of Lands.