Alabama Code 19-3-9. Satisfaction of pecuniary gifts by distribution of property in kind
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Alabama Code 19-3-9
- Fiduciary: A trustee, executor, or administrator.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- property: includes both real and personal property. See Alabama Code 1-1-1
- state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1