State Codes and Statutes

Statutes > Alabama > Title8 > Chapter1 > 8-1-23

Section 8-1-23

Obligation extinguished by new consideration or writing.

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.

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

State Codes and Statutes

Statutes > Alabama > Title8 > Chapter1 > 8-1-23

Section 8-1-23

Obligation extinguished by new consideration or writing.

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.

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

State Codes and Statutes

State Codes and Statutes

Statutes > Alabama > Title8 > Chapter1 > 8-1-23

Section 8-1-23

Obligation extinguished by new consideration or writing.

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.

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