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Obligation Extinguished by New Consideration or Writing.

Ala. Code § 8-1-23
in effect
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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.)
Source: Alabama Legislature (alison.legislature.state.al.us)URL: https://alison.legislature.state.al.us/code-of-alabama#8-1-23Fetched: 10/20/2026

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