State Codes and Statutes

Statutes > Alabama > Title43 > Chapter2 > 43-2-509

Section 43-2-509

Liability of executor or administrator for interest or profits.

If any executor or administrator uses any of the funds of the estate for his own benefit, he is accountable for any profit made thereon or legal interest.

(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.)

State Codes and Statutes

Statutes > Alabama > Title43 > Chapter2 > 43-2-509

Section 43-2-509

Liability of executor or administrator for interest or profits.

If any executor or administrator uses any of the funds of the estate for his own benefit, he is accountable for any profit made thereon or legal interest.

(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.)

State Codes and Statutes

State Codes and Statutes

Statutes > Alabama > Title43 > Chapter2 > 43-2-509

Section 43-2-509

Liability of executor or administrator for interest or profits.

If any executor or administrator uses any of the funds of the estate for his own benefit, he is accountable for any profit made thereon or legal interest.

(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.)