Supreme Court of Alabama June 16, 1989, 88-72 (Hardy v. McMullan)

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United States · · · 16-06-1989

I concur specially in order to point out that in the situation where an accommodation cosigner pays the obligor's debt in the event of default, the cosigner steps into the shoes and succeeds to all the rights of the obligee. HORNSBY, C.J., concurs.

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