Ala. Code § 10A-16 et seq. – Business Trusts | Midpage

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Code of Alabama

Chapter 16

Ala. Code § 10A-16 et seq.

Business Trusts

10A-16-1.01Definition of “Business Trust.”10A-16-1.02Establishment; Lawful Purposes.10A-16-1.03Powers and Liabilities of Trustees; Liability of Trust for Acts of Trustees.10A-16-1.04Certificate of Ownership; Liability of Beneficial Owners.10A-16-1.05Contents and Recordation of Declaration of Trust.10A-16-1.06Duration of Business Trust; Rules Against Perpetuities and Restraint of Alienation Not Violated.10A-16-1.07Suits Against Trust; Property Subject to Attachment and Execution.