Code of Alabama - Title 8: Commercial Law and Consumer Protection - Section 8-1-22 - Accepting accord consideration deemed satisfaction

Section 8-1-22 - Accepting accord consideration deemed satisfaction.

Acceptance of the consideration of an accord extinguishes the obligation and is called satisfaction.

(Code 1923, §5642; Code 1940, T. 9, §3.)

Last modified: May 3, 2021