Alabama Code (Last Updated: November 28, 2014) |
Title43 WILLS AND DECEDENTS' ESTATES. |
Chapter2. ADMINISTRATION OF ESTATES. |
Article16. Sale of Personal Property. |
§43-2-416. When bid rejected and sale postponed.
Latest version.
-
When the highest amount bid for the property, or any part thereof, is, in the opinion of the executor or administrator, greatly less than its fair value, he may withdraw the property and postpone the sale.