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---
type: "Bill"
title: "Alabama Uniform Commercial Real Estate Receivership Act, created, process for appointment of receiver for disputes relating to commercial real estate provided"
description: "Property & Estates"
jurisdiction: "us/states/al"
legislature: "Alabama Legislature"
session: "2024rs"
identifier: "HB 350"
citation: "Alabama HB 350 (2024rs)"
classification: ["bill"]
subjects: ["Property & Estates"]
status: "enacted"
primary_sponsors: ["David Faulkner"]
version_count: 7
action_count: 25
vote_count: 6
first_action: "2024-03-21T04:00:00+00:00"
last_action: "2024-05-16T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/013bd7ae-39f9-4016-a0d9-3b3c66c920c4"
source_url: "https://alison.legislature.state.al.us/bill-search"
source_hash: "a8614eec4640c62fec10350a69beee49803d3cd143d23eb2507325e244d3ce46"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-al"]
---
# Alabama HB 350 (2024rs) — Alabama Uniform Commercial Real Estate Receivership Act, created, process for appointment of receiver for disputes relating to commercial real estate provided
Property & Estates
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Introduced** (filed) — [source](https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2024RS/HB350-int.pdf)
2. **Act 2024-380** (committee substitute) — [source](http://arc-sos.state.al.us/ucp/L1547933.AI1.pdf)
3. **Amendment GGB826C-1** (committee substitute) — [source](https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2024RS/GGB826C-1.pdf)
4. **Amendment UP5WXDX-1** (committee substitute) — [source](https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2024RS/UP5WXDX-1.pdf)
5. **Engrossed** (committee substitute) — [source](https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2024RS/HB350-eng.pdf)
6. **Financial Services Amendment J3TUNFF-1** (committee substitute) — [source](https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2024RS/J3TUNFF-1.pdf)
7. **Enrolled** (enrolled) — [source](https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2024RS/HB350-enr.pdf)
## Votes
- Roll of the H for Vote 462 on HB350 (2024 Regular Session) — **100–1** (pass) · lower
- Roll of the S for Vote 1109 on HB350 (2024 Regular Session) — **31–0** (pass) · upper
- Roll of the H for Vote 465 on HB350 (2024 Regular Session) — **102–1** (pass) · lower
- Roll of the H for Vote 464 on HB350 (2024 Regular Session) — **101–0** (pass) · lower
- Roll of the H for Vote 463 on HB350 (2024 Regular Session) — **102–0** (pass) · lower
- Roll of the S for Vote 1110 on HB350 (2024 Regular Session) — **31–0** (pass) · upper
## Sponsors
- David Faulkner — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2024-05-16T04:00:00+00:00** Enacted `became-law`
- **2024-05-08T04:00:00+00:00** Delivered to Governor `executive-receipt`
- **2024-05-08T04:00:00+00:00** Enrolled
- **2024-05-08T04:00:00+00:00** Signature Requested
- **2024-05-08T04:00:00+00:00** Ready to Enroll
- **2024-05-08T04:00:00+00:00** Ready to Enroll
- **2024-05-08T04:00:00+00:00** Motion to Read a Third Time and Pass - Adopted Roll Call 1110 `passage`
- **2024-05-08T04:00:00+00:00** Third Reading in Second House
- **2024-04-18T04:00:00+00:00** Read for the Second Time and placed on the Calendar (Fiscal Responsibility and Economic Development)
- **2024-04-17T04:00:00+00:00** Reported Out of Committee Second House
- **2024-04-11T04:00:00+00:00** Pending Committee Action in Second House (Fiscal Responsibility and Economic Development)
- **2024-04-11T04:00:00+00:00** Read for the first time and referred to the Senate Committee on Fiscal Responsibility and Economic Development `reading-1, referral-committee`
- **2024-04-09T04:00:00+00:00** Engrossed
- **2024-04-09T04:00:00+00:00** Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 465 `passage`
- **2024-04-09T04:00:00+00:00** Motion to Adopt - Adopted Roll Call 464
- **2024-04-09T04:00:00+00:00** Faulkner 1st Amendment Offered `amendment-introduction`
- **2024-04-09T04:00:00+00:00** Motion to Adopt - Adopted Roll Call 463
- **2024-04-09T04:00:00+00:00** Financial Services Engrossed Substitute Offered (Financial Services ) `amendment-introduction`
- **2024-04-09T04:00:00+00:00** Third Reading in House of Origin
- **2024-04-04T04:00:00+00:00** Read for the Second Time and placed on the Calendar (Financial Services )
- **2024-04-03T04:00:00+00:00** Reported Out of Committee House of Origin (Financial Services )
- **2024-04-03T04:00:00+00:00** Financial Services 1st Amendment (Financial Services )
- **2024-03-21T04:00:00+00:00** Pending Committee Action in House of Origin (Financial Services )
- **2024-03-21T04:00:00+00:00** Read for the first time and referred to the House Committee on Financial Services `reading-1, referral-committee`
- **2024-05-15T17:10:00+00:00** Enacted as 2024-380 `became-law`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/013bd7ae-39f9-4016-a0d9-3b3c66c920c4`. Confidence: reported (aggregated from official Alabama legislature records).