Public-domain · open source
OpenJurist

Ala. Code § 8-1-23

Obligation Extinguished by New Consideration or Writing.

(Code 1923, §5643; Code 1940, T. 9, §4.)

An obligation is extinguished by a release therefrom given to the debtor by the creditor upon a new consideration or in writing with or without new consideration.

Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.