The liability of a real estate investment trust extends to as much of the trust estate, including the whole, as necessary to discharge the liability.
Ala. Code § 10A-10-1.17
Liability of Trust.
Known as the Alabama Real Estate Investment Trust Law
The act spans §§ 10A-10-1.01 to 10A-10-1.24 (24 sections).
(Acts 1995, No. 95-628, p. 1317, §17; §10-13-17; amended and renumbered by Act 2009-513, p. 967, §308.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.