Alabama § 43-2-390 Authorization to Compromise or Sell Claims

Alabama Statutes

§ 43-2-390 — Authorization to Compromise or Sell Claims

Alabama·Title 43 Wills and Decedents’ Estates·Ch. 2 Administration of Estates·Art. 15 Claims and Debts·Div. 3 Sale, Compromise, and Settlement

The probate court having jurisdiction of the estate may authorize any executor or administrator to compromise or sell any bad or doubtful claim due the estate, on the written application of the executor or administrator, verified by his or her affidavit, and stating the facts, supported by evidence satisfactory to the court, that such claim is bad or doubtful, and that a compromise or sale thereof will promote the interests of the estate.

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The probate court having jurisdiction of the estate may authorize any executor or administrator to compromise or sell any bad or doubtful claim due the estate, on the written application of the executor or administrator, verified by his or her affidavit, and stating the facts, supported by evidence satisfactory to the court, that such claim is bad or doubtful, and that a compromise or sale thereof will promote the interests of the estate.

Alabama § 43-2-390 (Authorization to Compromise or Sell Claims) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.