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Alabama Uniform Trust Code.
Law
Code of Alabama
Fiduciaries and Trusts.
Alabama Uniform Trust Code.
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Section
19-3B-101
Short Title.
Section
19-3B-102
Scope.
Section
19-3B-103
Definitions.
Section
19-3B-104
Knowledge.
Section
19-3B-105
Default and Mandatory Rules.
Section
19-3B-106
Common Law of Trusts; Principles of Equity.
Section
19-3B-107
Governing Law.
Section
19-3B-108
Principal Place of Administration.
Section
19-3B-109
Methods and Waiver of Notice.
Section
19-3B-110
Others Treated as Qualified Beneficiaries.
Section
19-3B-111
Nonjudicial Settlement Agreements.
Section
19-3B-112
Rules of Construction.
Section
19-3B-201
Role of Court in Administration of Trust.
Section
19-3B-202
Jurisdiction Over Trustee and Beneficiary.
Section
19-3B-203
Subject Matter Jurisdiction.
Section
19-3B-204
Venue.
Section
19-3B-205
Judicial Accountings and Settlements.
Section
19-3B-301
Representation: Basic Effect.
Section
19-3B-302
Representation by Holder of Power of Appointment.
Section
19-3B-303
Representation by Fiduciaries and Ancestors.
Section
19-3B-304
Representation by Person Having Substantially Identical Interest.
Section
19-3B-305
Appointment of Representative.
Section
19-3B-401
Methods of Creating Trust.
Section
19-3B-402
Requirements for Creation.
Section
19-3B-403
Trusts Created in Other Jurisdictions.
Section
19-3B-404
Trust Purposes.
Section
19-3B-405
Charitable Purposes; Enforcement.
Section
19-3B-406
Creation of Trust Induced by Fraud, Duress, or Undue Influence.
Section
19-3B-407
Evidence of Oral Trust.
Section
19-3B-408
Trust for Care of Animal.
Section
19-3B-409
Noncharitable Trust Without Ascertainable Beneficiary.
Section
19-3B-410
Modification or Termination of Trust; Proceedings for Approval or Disapproval.
Section
19-3B-411
Modification or Termination of Noncharitable Irrevocable Trust by Consent.
Section
19-3B-412
Modification or Termination Because of Unanticipated Circumstances or Inability to Administer Trust Effectively.
Section
19-3B-413
Cy Pres.
Section
19-3B-414
Modification or Termination of Uneconomic Trust.
Section
19-3B-415
Reformation to Correct Mistakes.
Section
19-3B-416
Modification to Achieve Settlor's Tax Objectives.
Section
19-3B-417
Combination and Division of Trusts.
Section
19-3B-501
Rights of Beneficiary's Creditor or Assignee.
Section
19-3B-502
Spendthrift Provision.
Section
19-3B-503
Exceptions to Spendthrift Provision.
Section
19-3B-504
Discretionary Trusts; Effect of Standard.
Section
19-3B-505
Creditor's Claim Against Settlor.
Section
19-3B-506
Overdue Distribution.
Section
19-3B-507
Personal Obligations of Trustee.
Section
19-3B-508
Qualified Trusts Under the Internal Revenue Code.
Section
19-3B-601
Capacity of Settlor of Revocable Trust.
Section
19-3B-602
Revocation or Amendment of Revocable Trust.
Section
19-3B-603
Settlor's Powers; Powers of Withdrawal.
Section
19-3B-604
Limitation on Action Contesting Validity of Revocable Trust; Distribution of Trust Property.
Section
19-3B-701
Accepting or Declining Trusteeship.
Section
19-3B-702
Trustee's Bond.
Section
19-3B-703
Co-Trustees.
Section
19-3B-704
Vacancy in Trusteeship; Appointment of Successor.
Section
19-3B-705
Resignation of Trustee.
Section
19-3B-706
Removal of Trustee.
Section
19-3B-707
Delivery of Property by Former Trustee.
Section
19-3B-708
Compensation of Trustee.
Section
19-3B-709
Reimbursement of Expenses.
Section
19-3B-801
Duty to Administer Trust.
Section
19-3B-802
Duty of Loyalty.
Section
19-3B-803
Impartiality.
Section
19-3B-804
Prudent Administration.
Section
19-3B-805
Costs of Administration.
Section
19-3B-806
Trustee's Skills.
Section
19-3B-807
Delegation by Trustee.
Section
19-3B-808
Powers to Direct.
Section
19-3B-809
Control and Protection of Trust Property.
Section
19-3B-810
Recordkeeping and Identification of Trust Property.
Section
19-3B-811
Enforcement and Defense of Claims.
Section
19-3B-812
Collecting Trust Property.
Section
19-3B-813
Duty to Inform and Report.
Section
19-3B-814
Discretionary Powers; Tax Savings.
Section
19-3B-815
General Powers of Trustee.
Section
19-3B-816
Specific Powers of Trustee.
Section
19-3B-817
Distribution Upon Termination.
Section
19-3B-818
Life Insurance Policies Held by Trustee.
Section
19-3B-901
Prudent Investor Rule.
Section
19-3B-902
Standard of Care; Portfolio Strategy; Risk and Return Objectives.
Section
19-3B-903
Diversification.
Section
19-3B-904
Duties at Inception of Trusteeship.
Section
19-3B-905
Reviewing Compliance.
Section
19-3B-906
Language Invoking Standard of Prudent Investor Rule.
Section
19-3B-1001
Remedies for Breach of Trust.
Section
19-3B-1002
Damages for Breach of Trust.
Section
19-3B-1003
Damages in Absence of Breach.
Section
19-3B-1004
Reserved.
Section
19-3B-1005
Limitation of Action Against Trustee.
Section
19-3B-1006
Reliance on Trust Instrument.
Section
19-3B-1007
Event Affecting Administration or Distribution.
Section
19-3B-1008
Exculpation of Trustee.
Section
19-3B-1009
Beneficiary's Consent, Release, or Ratification.
Section
19-3B-1010
Limitation on Personal Liability of Trustee.
Section
19-3B-1011
Interest as General Partner.
Section
19-3B-1012
Protection of Person Dealing With Trustee.
Section
19-3B-1013
Certification of Trust.
Section
19-3B-1101
Protection of Special Needs Trusts and Other Similar Trusts for Disabled Persons.
Section
19-3B-1201
Uniformity of Application and Construction.
Section
19-3B-1202
Electronic Records and Signatures.
Section
19-3B-1203
Severability Clause.
Section
19-3B-1204
Application to Existing Relationships.
Section
19-3B-1301
Trust Concerning Lands Required to Be in Writing.
Section
19-3B-1302
Trust Void as to Creditors or Purchasers Without Notice.
Section
19-3B-1303
Trust Estate Not Descendible Upon Death of Trustee.
Section
19-3B-1304
Trusts for Employees or Self-Employed Persons.
Section
19-3B-1305
Trusts Consisting of Insurance Policies or Proceeds.
Section
19-3B-1306
Procedures for Release of Trustee From Duties.