Any party making a payment on any refunding bond taken under this division, may recover against the parties to any other refunding bond such an amount as shall be in the same proportion to the amount collected from the plaintiff, as the amount of money and value of the property delivered on both bonds bears to the amount of money or property delivered on the bond of the defendant.
Structure Code of Alabama
Title 43 - Wills and Decedents' Estates.
Chapter 2 - Administration of Estates.
Article 18 - Settlements and Distributions.
Division 7 - Distribution Before Settlement.
Section 43-2-640 - Authorization to Make Distribution - Distribution by Executor or Administrator.
Section 43-2-642 - Contents of Application.
Section 43-2-643 - Time for Hearing; Notice.
Section 43-2-644 - When Distribution Made; Limit on Amount.
Section 43-2-647 - Refunding Bonds - Bond Stands as Security; Action on Bond.
Section 43-2-646 - Refunding Bonds - Recordation; Transcript as Evidence.
Section 43-2-645 - Refunding Bonds - Required; Terms and Conditions.
Section 43-2-648 - Refunding Bonds - Rights of Parties Among Themselves.