Liability of Executor or Administrator for Interest or Profits.

  1. Law
  2. Code of Alabama
  3. Wills and Decedents' Estates.
  4. Administration of Estates.
  5. Settlements and Distributions.
  6. General Provisions.
  7. Liability of Executor or Administrator for Interest or Profits.

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Section 43-2-509

Liability of executor or administrator for interest or profits.

If any executor or administrator uses any of the funds of the estate for his own benefit, he is accountable for any profit made thereon or legal interest.

(Code 1852, §1813; Code 1867, §2148; Code 1876, §2520; Code 1886, §2142; Code 1896, §210; Code 1907, §2675; Code 1923, §5908; Code 1940, T. 61, §304.)


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