Ala. Code § 8-1-23

Current with legislation from 2024 effective through March 8, 2024.
Section 8-1-23 - Obligation extinguished by new consideration or writing

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.

Ala. Code § 8-1-23 (1975)

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