Statutes > Alabama Statutes > Title 8 — COMMERCIAL LAW AND CONSUMER PROTECTION. > Chapter 1 — CONTRACTS. > Section 8-1-21 Obligation not extinguished by accord until executed.

Section 8-1-21 Obligation not extinguished by accord until executed.

Section 8-1-21

Obligation not extinguished by accord until executed.

Though the parties to an accord are bound to execute it, it does not extinguish the obligation until it is fully executed.

(Code 1923, §5641; Code 1940, T. 9, §2.)