Alabama Code 43-2-91. Bonds valid and operative as statutory bonds
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Terms Used In Alabama Code 43-2-91
- Executor: A male person named in a will to carry out the decedent
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
The bond of the general administrator of the county or of any executor or administrator is valid and operative as a statutory bond and is of the same obligation, force and effect as a statutory bond, though it may not be approved, or in the penalty, or payable or with the condition required by law.