Alabama § 43-2-375 Payment of Debts Not Due

Alabama Statutes

§ 43-2-375 — Payment of Debts Not Due

Alabama·Title 43 Wills and Decedents’ Estates·Ch. 2 Administration of Estates·Art. 15 Claims and Debts·Div. 2 Payment and Preference

Any debt not due, which has been presented, may be paid by an executor or administrator after six months from the grant of letters, and the provisions of Section 43-2-374 include such debts; but such payment must not be made unless the creditor accepts, in discharge of such debt, such an amount as, with interest from the day of payment to the day when such debt is due, would make the amount thereof.

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Any debt not due, which has been presented, may be paid by an executor or administrator after six months from the grant of letters, and the provisions of Section 43-2-374 include such debts; but such payment must not be made unless the creditor accepts, in discharge of such debt, such an amount as, with interest from the day of payment to the day when such debt is due, would make the amount thereof.

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Legislative History

(Code 1852, §1791; Code 1867, §2118; Code 1876, §2495; Code 1886, §2087; Code 1896, §137; Code 1907, §2601; Code 1923, §5826; Acts 1931, No. 717, p. 837; Code 1940, T. 61, §222.)