Alabama § 43-2-771 Decree

Alabama Statutes

§ 43-2-771 — Decree

Alabama·Title 43 Wills and Decedents’ Estates·Ch. 2 Administration of Estates·Art. 19 Insolvent Estates·Div. 4 Settlement of Insolvent Estates

At such settlement, the court must decree to each creditor whose claim has been allowed, as provided in this article, his or her proportion of all moneys then found due from such executor or administrator, reserving in his or her hands a ratable proportion of such moneys for such claims as may be then contested and undecided; and a similar settlement and distribution must be made at least every six months thereafter, at such times as the court may appoint, until the estate is finally settled and distributed.

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At such settlement, the court must decree to each creditor whose claim has been allowed, as provided in this article, his or her proportion of all moneys then found due from such executor or administrator, reserving in his or her hands a ratable proportion of such moneys for such claims as may be then contested and undecided; and a similar settlement and distribution must be made at least every six months thereafter, at such times as the court may appoint, until the estate is finally settled and distributed.

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Legislative History

(Code 1852, §1857; Code 1867, §2206; Code 1876, §2578; Code 1886, §2248; Code 1896, §316; Code 1907, §2789; Code 1923, §6028; Code 1940, T. 61, §415.)