Alabama § 43-2-420 - Assignment or Transfer of Mortgages, Notes or Accounts.
Full text of Alabama Code of Alabama § 43-2-420 — Assignment or Transfer of Mortgages, Notes or Accounts., with citation guidance and answers to common questions.
§ 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 or she receives the full amount due thereon, and provided said mortgages, notes, or accounts shall have been entered on the inventory returned to the court.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 43-2-420
What does Code of Alabama § 43-2-420 cover?
Section 43-2-420 ("Assignment or Transfer of Mortgages, Notes or Accounts.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 43-2-420?
A common citation format is "Code of Alabama § 43-2-420" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 43-2-420 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.