§55-8-5. Validity of writing payable to person dead at time of
A bond, note or other writing to a person or persons who, or
some of whom, are dead at the time of its execution, shall be as
valid as if such person or persons were then alive, and may be
proceeded on in the same manner as if it had been executed in the
lifetime of such person or persons and such person or persons had
died after its execution.