Code of Alabama - Title 43: Wills and Decedents' Estates - Section 43-2-457 - How purchase money secured
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Section 43-2-457 - How purchase money secured.
The executor or administrator must secure the purchase money by taking notes or bonds of the purchaser, with sufficient sureties, or taking a purchase money mortgage.
(Code 1852, §1763; Code 1867, §2089; Code 1876, §2461; Code 1886, §2117; Code 1896, §171; Code 1907, §2635; Code 1923, §5865; Code 1940, T. 61, §259.)
Sections: 43-2-450 43-2-451 43-2-452 43-2-453 43-2-454 43-2-455 43-2-456 43-2-457 43-2-458 43-2-459 43-2-460 43-2-461 43-2-462 43-2-463 43-2-464
Last modified: February 19, 2012
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