Alabama Code 43-2-562. Settlement by sureties of deceased executor or administrator – Petition for order requiring sureties to make settlement
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Terms Used In Alabama Code 43-2-562
- Executor: A male person named in a will to carry out the decedent
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
In any case where an executor or administrator shall die without having made a final settlement of his administration and a successor is appointed, such succeeding executor or administrator or the heirs and distributees, legatees or cestui que trust may, by petition to the court in which such estate is pending, have an order requiring the sureties on such bond to make settlement of such estate in said court after 10 days’ notice of the day fixed by the court or judge thereof.