Alabama § 37-6-29 - Bonds or Other Indebtedness - Exemption from Provisions of Securities Law.
Full text of Alabama Code of Alabama § 37-6-29 — Bonds or Other Indebtedness - Exemption from Provisions of Securities Law., with citation guidance and answers to common questions.
§ 37-6-29. Bonds or Other Indebtedness - Exemption from Provisions of Securities Law.
The provisions of the Alabama Securities Law shall not apply to any note, bond or other evidence of indebtedness issued by any cooperative transacting business in this state pursuant to this chapter to the United States of America, or any agency or instrumentality thereof, or to any mortgage or deed of trust executed to secure the same. The provisions of said securities law shall not apply to the issuance of membership certificates by any cooperative.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 37-6-29
What does Code of Alabama § 37-6-29 cover?
Section 37-6-29 ("Bonds or Other Indebtedness - Exemption from Provisions of Securities Law.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 37-6-29?
A common citation format is "Code of Alabama § 37-6-29" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 37-6-29 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.