Section 43-2-370 Property charged with payment of debts. All the property of the decedent, except as otherwise provided, is charged with the payment of his debts, and, if necessary, may be sold for that purpose. (Code 1852, §1737; Code 1867, §2060; Code 1876, §2429; Code 1886, §2078; Code 1896, §125; Code 1907, §2596; Code 1923, […]
Section 43-2-371 Order of preference. The debts against the estates of decedents are to be paid in the following order: (1) The funeral expenses. (2) The fees and charges of administration. (3) Expenses of the last sickness. (4) Taxes assessed on the estate of the decedent previous to his death. (5) Debts due to employees, […]
Section 43-2-372 No preference among debts of same class. No executor or administrator must, before the expiration of six months from the grant of letters, give a preference in the payment of any debt over others of the same class; nor is a debt due and payable entitled to any preference over debts of the […]
Section 43-2-373 Payment of claims barred by statute of limitations. No claim against the estate of a decedent whether in favor of the personal representative or any other person, which was barred by the statute of limitations at the time of the death of such decedent, shall be paid by or allowed to the personal […]
Section 43-2-374 When executor or administrator protected in payment of debts. The payment of any debt against the estate of the executor or administrator, after six months from the grant of letters, protects him to the extent of the payment from liability on any other debt against such estate which had not been presented at […]
Section 43-2-375 Payment of debts not due. Any debt not due, which has been presented, may be paid by an executor or administrator after six months from the grant of letters, and the provisions of section 43-2-374 include such debts; but such payment must not be made unless the creditor accepts, in discharge of such […]
