Code of Alabama - Title 43: Wills and Decedents' Estates - Section 43-2-420 - Assignment or transfer of mortgages, notes or accounts

Section 43-2-420 - Assignment or transfer of mortgages, notes or accounts.

Executors and administrators may assign and transfer by endorsement, without recourse or warranty, any mortgages, notes or accounts belonging to a decedent, provided he receives the full amount due thereon, and provided said mortgages, notes or accounts shall have been entered on the inventory returned to the court.

(Code 1923, §5835; Code 1940, T. 61, §238.)

Last modified: May 3, 2021