All contracts, express or implied, for the payment of money, or other thing, or for the performance of any act or duty bear interest from the day such money, or thing, estimating it at its money value, should have been paid, or such act, estimating the compensation therefor in money, performed.
Structure Code of Alabama
Title 8 - Commercial Law and Consumer Protection.
Chapter 8 - Interest and Usury.
Section 8-8-1 - Maximum Rates of Interest - Generally.
Section 8-8-1.1 - Maximum Rates of Interest - Permitted Under State or Federal Law.
Section 8-8-1.2 - Maximum Rates of Interest - Loans Secured by Savings Accounts.
Section 8-8-8 - Interest Accrues on Breach of Contract.
Section 8-8-9 - Interest on Unauthorized Change Bills and Notes Not Exceeding $1.
Section 8-8-10 - Interest on Money Judgments and Costs.
Section 8-8-11 - Application of Partial Payments to Principal and Interest.
Section 8-8-12 - Enforcement of Usurious Contracts.
Section 8-8-15 - Bad Check Charge; Deemed Not Finance Charge.