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U.S. State Codes
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Alabama
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Title 19 - Fiduciaries and ...
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Chapter 3B - Alabama Uniform Trust Code.
Chapter 3B - Alabama Uniform Trust Code.
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-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.