Alabama § 7-2-724 - Admissibility of Market Quotations.
Full text of Alabama Code of Alabama § 7-2-724 — Admissibility of Market Quotations., with citation guidance and answers to common questions.
§ 7-2-724. Admissibility of Market Quotations.
Whenever the prevailing price or value of any goods regularly bought and sold in any established commodity market is in issue, reports in official publications or trade journals or in newspapers or periodicals of general circulation published as the reports of such market shall be admissible in evidence. The circumstances of the preparation of such a report may be shown to affect its weight but not its admissibility.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 7-2-724
What does Code of Alabama § 7-2-724 cover?
Section 7-2-724 ("Admissibility of Market Quotations.") 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 § 7-2-724?
A common citation format is "Code of Alabama § 7-2-724" (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 § 7-2-724 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.