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Alabama · Through Act 2026-611

Ala. Code § 19-3-39: Compromise or Sale of Bad Debts.

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Where this section sits in the code
  1. Title 19 Fiduciaries and Trusts.
  2. Chapter 3 Trusts.
  3. Article 2 Express Trusts for Payment or Security of Debts.

Upon the application of the trustee, the court may authorize the compromise of any bad and doubtful debts or choses in action belonging to the trust estate, or the sale thereof to the highest bidder, on such terms and notice as the court may prescribe.

Collected 2026-09-03T14:01:52Z. Source file · JSON

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