Alabama Statutes
§ 43-2-509 — Liability of Executor or Administrator for Interest or Profits
Alabama·Title 43 Wills and Decedents’ Estates·Ch. 2 Administration of Estates·Art. 18 Settlements and Distributions·Div. 1 General Provisions
If any executor or administrator uses any of the funds of the estate for his or her own benefit, he or she is accountable for any profit made thereon or legal interest.
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Alabama § 43-2-509 (Liability of Executor or Administrator for Interest or Profits) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Code 1852, §1813; Code 1867, §2148; Code 1876, §2520; Code 1886, §2142; Code 1896, §210; Code 1907, §2675; Code 1923, §5908; Code 1940, T. 61, §304.)
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 Legacy