Alabama Code 11-49B-23. Repeal of conflicting laws; transfer of funds; assumption of assets and liabilities
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Terms Used In Alabama Code 11-49B-23
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- following: means next after. See Alabama Code 1-1-1
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- month: means a calendar month. See Alabama Code 1-1-1
- person: includes a corporation as well as a natural person. 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