Alabama Statutes

§ 43-2-420 — Assignment or Transfer of Mortgages, Notes or Accounts

Alabama·Title 43 Wills and Decedents’ Estates·Ch. 2 Administration of Estates·Art. 16 Sale of Personal Property
Executors and administrators may assign and transfer by endorsement, without recourse or warranty, any mortgages, notes, or accounts belonging to a decedent, provided he or she receives the full amount due thereon, and provided said mortgages, notes, or accounts shall have been entered on the inventory returned to the court.

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Legislative History

(Code 1923, §5835; Code 1940, T. 61, §238.)

Nearby Sections

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