43-2-647
Section 43-2-647 Refunding bonds - Bond stands as security; action on bond. (a) Such refunding
bond stands as security for the executor or administrator, should the assets in his hands,
after any payment of money or delivery of property under the order of the court, prove insufficient
to pay the debts, claims and charges against the estate, and the executor or administrator
pays the same; and also as security for the creditors of the estate; and any creditor may
bring a civil action thereon. (b) The extent of the recoveries on such bond is the amount
or value of the property received by the legatee or distributee and interest on such amount
or value from the date of its receipt; and the value of property received may be proved by
the entry of record, made according to the provisions of this division or other evidence;
and civil actions may be brought on such bond from time to time in the name of any person
aggrieved until the whole amount of the liability, as determined by this...
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43-2-83
Section 43-2-83 Discharge of surety; new bond. (a) Upon the application in writing of any surety
or sureties upon the bond of an executor or administrator requesting to be discharged from
any future liability as such surety or sureties, or upon the application in writing of the
personal representative or of an heir or devisee of a deceased surety upon such bond requesting
that the estate of such deceased surety be discharged from future liability by reason of such
suretyship, the court shall give to such executor or administrator notice of such application
and require him, within 15 days after the service of the notice, to make a new bond; and upon
the failure to make such bond, such executor or administrator shall be removed and his letters
revoked; and upon such removal he shall make settlement of his administration. Any number
of persons having the right to make application under this section may join in the application.
(b) When a new bond is given under subsection (a) of this...
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6-10-97
Section 6-10-97 Reduced homestead incapable of allotment - Sale - Proceedings when no bid in
excess of $6,000 received. (a) If, at such sale or any subsequent sale, no bid in excess of
$6,000 is received, the representative must report that fact to the court; and thereupon the
court must make an order directing the report to lie over 30 days, during which time any person
interested in the sale may file written exceptions attacking the fairness of the sale, stating
the grounds of such exceptions. Upon the filing of such exceptions, a day must be appointed
to hear the same, 10 days' notice thereof given and other proceedings had as provided in this
division for the hearing of exceptions to a report allotting homestead, so far as such provisions
are applicable. (b) If, on the hearing of such exceptions, the court is satisfied from the
evidence that the failure to obtain a bid of more than $6,000 was due to a want of fairness
in the conduct of the sale or to fraud or collusion thereat, an...
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9-15-43
Section 9-15-43 Sales of school lands - Disposition of revenues from sales. Any revenue derived
from the sale of school lands shall be paid by the Commissioner of Conservation and Natural
Resources to the Treasurer to be deposited to the proper township or townships as provided
for by the Constitution and laws of Alabama. A report of such sale shall be immediately forwarded
by the Commissioner of Conservation and Natural Resources to the State Superintendent of Education,
and such report shall show an accurate and legal description of the lands sold. The Superintendent
of Education upon receipt of such report shall immediately cause a memorandum to be transmitted
to the Treasurer showing which township or townships shall receive credit from such sale and
the amount of credit which shall be made thereto. (Acts 1939, No. 581, p. 949, §13; Code
1940, T. 8, §245.)...
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11-101A-17
Section 11-101A-17 Securities are legal investments. Securities issued under this chapter are
hereby made legal investments for savings banks and insurance companies organized under the
laws of the state. Unless otherwise directed by the court having jurisdiction thereof or the
document that is the source of authority, a trustee, executor, administrator, guardian, or
one acting in any other fiduciary capacity may, in addition to any other investment powers
conferred by law and with the exercise of reasonable business prudence, invest trust funds
in securities of an authority. The governing body of any authorizing subdivision, or any county
or municipality in which any project of an authority may be situated, may, in its discretion,
invest in securities of the authority any idle or surplus money held in its treasury which
is not otherwise earmarked or pledged. (Act 2001-642, p. 1317, §1.)...
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11-57-19
Section 11-57-19 Investment in bonds - By executors, savings banks, insurance companies, etc.
Bonds issued under the provisions of this chapter are hereby made legal investments for savings
banks and insurance companies organized under the laws of the state. Unless otherwise directed
by the court having jurisdiction thereof or the document that is the source of authority,
a trustee, executor, administrator, guardian or one acting in any other fiduciary capacity
may, in addition to any other investment powers conferred by law and with the exercise of
reasonable business prudence, invest trust funds in bonds of the authority. (Acts 1961, No.
895, p. 1407, §21; Acts 1961, Ex. Sess., No. 289, p. 2335, §21.)...
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14-4-4
Section 14-4-4 Report of hard labor sentence to probate judge. (a) All judicial officers shall,
immediately upon the sentence of any person to hard labor for any county, report in writing
to the judge of probate of the county for which such sentence is made, the name of such person,
the length of his sentence, the date of its commencement and the amount of costs. Any judicial
officer presiding over a court that has a clerk may order such report to be made by such clerk.
(b) Any judicial officer or clerk who fails to report in writing to the judge of probate,
as required by law, the name of any person sentenced to hard labor for the county, length
of such sentence, the date of its commencement and the amount of the costs therein must, on
conviction, be fined not less than $25.00. (Code 1896, §§4543, 5118; Acts 1907, No. 85,
p. 179; Code 1907, §§6592, 7462; Code 1923, §§3700, 5054; Code 1940, T. 45, §§79, 80.)...

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22-21-146
Section 22-21-146 Bonds - Legal investment - Banks, insurers and fiduciaries. Bonds issued
under the provisions of this article are hereby made legal investments for savings banks and
insurance companies organized under the laws of the state. Unless otherwise directed by the
court having jurisdiction thereof or the document that is the source of authority, a trustee,
executor, administrator, guardian or one acting in any other fiduciary capacity may, in addition
to any other investment powers conferred by law and with the exercise of reasonable business
prudence, invest trust funds in the bonds of the authority. (Acts 1961, No. 109, p. 134, §21.)...

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22-21-326
Section 22-21-326 Securities issued under article as legal investments. Securities issued under
the provisions of this article are hereby made legal investments for savings banks and insurance
companies organized under the laws of the state. Unless otherwise directed by the court having
jurisdiction thereof or the document that is the source of authority, a trustee, executor,
administrator, guardian or one acting in any other fiduciary capacity may, in addition to
any other investment powers conferred by law and with the exercise of reasonable business
prudence, invest trust funds in securities of an authority. The governing body of any authorizing
subdivision (or any county or municipality in which any health care facilities of an authority
may be situated) is authorized, in its discretion, to invest in securities of such authority
any idle or surplus money held in its treasury which is not otherwise earmarked or pledged.
(Acts 1982, No. 82-418, p. 629, §17.)...
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43-2-298
Section 43-2-298 Order to give additional bond. If an additional bond is required by the court,
an order must be made to that effect, allowing such time to give the same as the court may
think reasonable; and if such order is not complied with within the time prescribed, the executor
or administrator must be removed and his letters revoked. (Code 1852, §§1706, 1707; Code
1867, §§2027, 2028; Code 1876, §§2396, 2397; Code 1886, §2052; Code 1896, §99; Code
1907, §2573; Code 1923, §5796; Code 1940, T. 61, §186.)...
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