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ALABAMA STATUTES AND CODES

Section 8-1-23 Obligation extinguished by new consideration or writing.

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.

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

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