Alabama SB 15: Uniform Assignment for Benefit of Creditors Act; creates a voluntary state law process for distressed organizations to liquidate assets and distribute proceeds to creditors

Status: Read for the first time and referred to the Senate Committee on Fiscal Responsibility and Economic Development (as of 2026-01-13)

State: Alabama · Session: 2026rs · Bill: SB 15

Subjects: Businesses & Financial Institutions

Sponsors: Givhan

View Alabama SB 15 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.