Alabama § 43-2-648 Refunding Bonds - Rights of Parties Among Themselves

Alabama Statutes

§ 43-2-648 — Refunding Bonds - Rights of Parties Among Themselves

Alabama § 43-2-648

JurisdictionAlabama

Title 43Wills and Decedents’ Estates

Ch. 2Administration of Estates

Art. 18Settlements and Distributions

Div. 7Distribution Before Settlement

This text of Alabama § 43-2-648 (Refunding Bonds - Rights of Parties Among Themselves) 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 § 43-2-648 (2026).

Text

Any party making a payment on any refunding bond taken under this division, may recover against the parties to any other refunding bond such an amount as shall be in the same proportion to the amount collected from the plaintiff, as the amount of money and value of the property delivered on both bonds bears to the amount of money or property delivered on the bond of the defendant.

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Legislative History

(Code 1852, §1788; Code 1867, §2115; Code 1876, §2492; Code 1886, §2208; Code 1896, §276; Code 1907, §2734; Code 1923, §5973; Code 1940, T. 61, §375.)