Section 25-7-36 Applicability of article. - Alabama Statutes

Section 25-7-36

Applicability of article.

The provisions of this article shall not apply to any lawful contract in force on August 28, 1953, but they shall apply in all respects to contracts entered into after August 28, 1953, and to any renewal or extension of an existing contract.

(Acts 1953, No. 430, p. 535, §7.)