Code of Alabama

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26-2A-160
Section 26-2A-160 Foreign conservator; proof of authority; bond; powers. If a conservator has
not been appointed in this state and no petition in a protective proceeding is pending in
this state, a conservator appointed in the state in which the protected person resides may
file in a court of this state in a [county] in which property belonging to the protected person
is located, authenticated copies of letters of appointment and of any bond. Thereafter, the
domiciliary foreign conservator may exercise as to assets in this state all powers of a conservator
appointed in this state and may maintain actions and proceedings in this state subject to
any conditions imposed upon nonresident parties generally. (Acts 1987, No. 87-590, p. 975,
§2-331.)...
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43-6-6
Section 43-6-6 Decree against personal representative for failure to pay over proceeds. The
judge of probate may render decrees against such personal representative, in the name of the
state, for the money or proceeds of the property, under the provisions of this chapter, and
enforce the same as other decrees by the judge of probate against executors or administrators
are enforced. (Code 1852, §2069; Code 1867, §2461; Code 1876, §2856; Code 1886, §1941;
Code 1896, §1757; Code 1907, §3923; Code 1923, §7619; Code 1940, T. 16, §30.)...
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43-2-606
Section 43-2-606 Award - Objections. Any of the parties may, within 10 days after such award
has been returned to the court, file objections to the same; and, if objections are filed,
the court must appoint a day, not less than 30 days from the filing of such objections, to
hear and determine the same, notice of which must be given as now required by law in cases
of applications for final settlements of the estates of decedents by executors or administrators.
(Code 1867, §2175; Code 1876, §2547; Code 1886, §2189; Code 1896, §257; Code 1907, §2708;
Code 1923, §5946; Code 1940, T. 61, §348.)...
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5-5A-18
Section 5-5A-18 Powers of banks generally. Corporations formed for the purpose of doing business
as a bank may: (1) Discount bills, notes or other evidences of debt; (2) Receive and pay out
deposits, with or without interest, pay checks, and impose charges for any services; (3) Receive
on special deposit money, bullion or foreign coins or bonds or other securities; (4) Buy and
sell foreign and domestic exchanges, gold and silver bullion or foreign coins, bonds, bills
of exchange, notes and other negotiable paper; (5) Lend money on personal security or upon
pledges of bonds, stocks or other negotiable securities; (6) Take and receive security by
mortgage, security agreement or otherwise on property, real and personal; (7) Become trustees
for any purpose and be appointed and act as executors, administrators, guardians, receivers,
or fiduciaries upon receiving the prior written approval of the superintendent under Section
5-11A-1; (8) Lease real and personal property upon specific request...
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35-10-25
Section 35-10-25 Executors and administrators authorized to execute releases, etc. Any executor
of a will or administrator of an estate duly appointed by the proper court shall have authority
to execute releases and discharges and may enter satisfaction on the margin of the record
of any mortgage, lien, or other encumbrance in favor of a decedent when payment of such mortgage,
lien, or encumbrance was made to said decedent in his lifetime. (Code 1923, §9025; Code 1940,
T. 47, §180.)...
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35-6-65
Section 35-6-65 Article applicable to executors or administrators of deceased parties. Should
any of the parties interested in property, real or personal, held by joint owners or tenants
in common, die, the provisions of this article shall fully apply to his executor or administrator.
(Code 1867, §3126; Code 1876, §3520; Code 1886, §3260; Code 1896, §3185; Code 1907, §5229;
Code 1923, §9329; Code 1940, T. 47, §217.)...
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36-5-14
Section 36-5-14 Liability of sureties on bonds conditionally executed. A surety on an official
bond or on a bond intended as an official bond cannot avoid liability thereon on the ground
that he signed or delivered it on condition that it should not be delivered to the proper
officer or should not become perfect unless it was executed by some other person who does
not execute it. The provisions of this section shall apply to bonds of state, county, municipal
and public corporate officers; to bonds of executors, administrators, guardians, receivers,
assignees, and other trustees, and to all bonds and undertakings executed in the commencement
or progress of any suit or judicial proceeding, civil or criminal. (Code 1886, §276; Code
1896, §3090; Code 1907, §1505; Code 1923, §2617, Code 1940, T. 41, §56.)...
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43-2-191
Section 43-2-191 Appointment of nonresident executor - Generally. Judges of probate are authorized
to issue letters testamentary to persons named as executors in wills regularly probated who
are nonresidents of this state, upon like bond and surety and upon the same terms, conditions
and requirements as are required by law of citizens of this state. (Code 1876, §2379; Code
1886, §2037; Code 1896, §80; Code 1907, §2556; Code 1923, §5778; Code 1940, T. 61, §140.)...

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5-11A-1
Section 5-11A-1 Amenability of trust companies to banking laws; use of word "trust"
in corporate name generally; operation of trust departments, etc., by banks. All corporations
organized and operating as trust companies shall have the word "trust" as a part
of their corporate names, shall be amenable to the general banking laws of the state insofar
as said laws are applicable to trust companies and not in conflict with the provisions of
this chapter and shall be examined by the superintendent as state banks are examined. The
word "trust" need not be a part of the corporate name of any corporation now or
hereafter organized under the laws of this state to do a banking business and all such banks,
although the word "trust" is not a part of their corporate names, shall have the
right to operate and conduct a trust department, become trustees for any purpose, be appointed
and act as executors, administrators, guardians and receivers and do any business and exercise
any powers incident to...
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19-3-41
Section 19-3-41 When settlements compelled; removal of trustee and appointment of successor.
If the trustee shall fail to make settlement, partial or final, as required in this article
he may be compelled to do so, by citation to be issued by the register or clerk on order of
the court, at the instance of any creditor or party interested in the trust, in all respects
as executors and administrators may be compelled to make settlements in the court of probate;
or, upon motion of a majority in value of the creditors, the court must remove such defaulting
trustee and appoint another in his stead, who may be nominated by the creditors, as provided
by this Code, for the nomination of an administrator of an insolvent estate by the creditors
thereof. (Code 1896, §4173; Code 1907, §6075; Code 1923, §10412; Code 1940, T. 58, §29.)...

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