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Alabama Statutes

§ 8-1-23 — Obligation Extinguished by New Consideration or Writing

Alabama § 8-1-23
JurisdictionAlabama
Title 8Commercial Law and Consumer Protection
Ch. 1Contracts
Art. 2Accord and Satisfaction

This text of Alabama § 8-1-23 (Obligation Extinguished by New Consideration or Writing) 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 § 8-1-23 (2026).

Text

An obligation is extinguished by a release therefrom given to the debtor by the creditor upon a new consideration or in writing with or without new consideration.

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Related

Clark v. Jim Walter Homes, Inc.
719 F. Supp. 1037 (M.D. Alabama, 1989)
10 case citations
Irvin v. Griffin Corp.
808 F.2d 802 (Eleventh Circuit, 1987)
10 case citations

Legislative History

(Code 1923, §5643; Code 1940, T. 9, §4.)

Nearby Sections

15
§ 8-1-1
Contracts Restraining Business Void; Exceptions
§ 8-1-100
Consideration for Bidding or Not Bidding at Public Sale Prohibited
§ 8-1-101
Bids on Public Lands Under Agreement to Transfer Same Prohibited
§ 8-1-102
Contracts Violating Sections 8-1-100 and 8-1-101 Void
§ 8-1-103
Selling Improvements on Public Lands by Person Making Same
§ 8-1-120
Definitions
§ 8-1-121
Certain Contracts for Future Delivery Void; Exceptions
§ 8-1-122
Failure to Furnish Statement on Future Delivery Prima Facie Evidence of Illegal Contract
§ 8-1-123
Failure to Deliver After Deposit of Margins Prima Facie Evidence of Void Contract
§ 8-1-124
Contracts for Future Delivery of Cotton Not Made Subject to Federal Statutes Prima Facie Evidence of Void Contract
§ 8-1-125
Making or Assisting in Making Contract for Future Delivery When Actual Delivery Not Intended - Profit Intended to Be Paid in Money on Day of Delivery
§ 8-1-126
Making or Assisting in Making Contract for Future Delivery When Actual Delivery Not Intended - Price Based on Bona Fide Sales on Exchange or Board of Trade Without Making Execution on Exchange or Board of Trade
§ 8-1-127
Futures Contracts Made in Another State
§ 8-1-128
Establishing Office to Engage in Business of “Futures”
§ 8-1-129
Proof of Establishment of Place to Publish Commodities Information Prima Facie Evidence of Guilt
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Bluebook (online)
Alabama § 8-1-23, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/8-1-23.