Alabama Statutes
§ 43-2-394 — Compounding with and Discharge of Debtor
Alabama § 43-2-394
JurisdictionAlabama
Title 43Wills and Decedents’ Estates
Ch. 2Administration of Estates
Art. 15Claims and Debts
Div. 3Sale, Compromise, and Settlement
This text of Alabama § 43-2-394 (Compounding with and Discharge of Debtor) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ala. Code § 43-2-394 (2026).
Text
Whenever a debtor of the decedent is unable to pay all his or her debts, the executor or administrator, with the approbation of the court or judge thereof, may compound with him or her and give him or her a discharge, upon receiving a fair and just dividend of his or her effects. A compromise may also be authorized when it appears to be just, and for the best interest of the estate.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
(Code 1923, §5831; Code 1940, T. 61, §227.)
Nearby Sections
15
§ 43-2-110
Limits of Liability Generally§ 43-2-113
Executor De Son Tort§ 43-2-114
Resignation as Defense§ 43-2-130
Venue; Service of Process§ 43-2-137
Action on Bond§ 43-2-138
Action by Legatee to Recover LegacyCite This Page — Counsel Stack
Bluebook (online)
Alabama § 43-2-394, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/43-2-394.