Code of Alabama - Title 35: Property - Section 35-11-416 - Acknowledgment of satisfaction

Section 35-11-416 - Acknowledgment of satisfaction.

Whenever any such lien has been fully satisfied, the holder thereof must acknowledge satisfaction of the same on the margin of the record in the office of the judge of probate and any holders of such lien who, after having been fully paid, fails for 30 days after the demand in writing to so acknowledge satisfaction thereof, shall be liable to any person thereby injured to the amount of such injury, which shall be not less than $200.00.

(Acts 1969, No. 1068, p. 1989, §8.)

Last modified: May 3, 2021