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

{"id": "ocd-bill/d56fd42c-c1d6-4d76-a9f0-eeb0cc123f31", "session": "2026rs", "jurisdiction": {"id": "ocd-jurisdiction/country:us/state:al/government", "name": "Alabama", "classification": "state"}, "from_organization": {"id": "ocd-organization/ddf820b5-5246-46b3-a807-99b5914ad39f", "name": "Senate", "classification": "upper"}, "identifier": "SB 15", "title": "Uniform Assignment for Benefit of Creditors Act; creates a voluntary state law process for distressed organizations to liquidate assets and distribute proceeds to creditors", "classification": ["bill"], "subject": ["Businesses & Financial Institutions"], "extras": {"AL_BILL_ID": "22163637"}, "created_at": "2025-08-21T22:04:00.161499+00:00", "updated_at": "2026-04-17T14:35:46.629024+00:00", "openstates_url": "https://openstates.org/al/bills/2026rs/SB15/", "first_action_date": "2025-08-20T04:00:00+00:00", "latest_action_date": "2026-04-17T04:00:00+00:00", "latest_action_description": "Enacted", "latest_passage_date": "2026-04-07T04:00:00+00:00"}