Alabama Statutes
§ 43-2-457 — How Purchase Money Secured
Alabama § 43-2-457
JurisdictionAlabama
Title 43Wills and Decedents’ Estates
Ch. 2Administration of Estates
Art. 17Renting and Sale of Real Estate
Div. 1For Payment of Debts and for Division
This text of Alabama § 43-2-457 (How Purchase Money Secured) 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 § 43-2-457 (2026).
Text
The executor or administrator must secure the purchase money by taking notes or bonds of the purchaser, with sufficient sureties, or taking a purchase money mortgage.
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Legislative History
(Code 1852, §1763; Code 1867, §2089; Code 1876, §2461; Code 1886, §2117; Code 1896, §171; Code 1907, §2635; Code 1923, §5865; Code 1940, T. 61, §259.)
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 § 43-2-457, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/43-2-457.