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Ala. Code § 19-3B-404

Trust Purposes.

Known as the Alabama Uniform Trust Code

The act spans §§ 19–19 (108 sections).

(Act 2006-216, p. 314, §1.)

A trust may be created only to the extent its purposes are lawful, not contrary to public policy, and possible to achieve. A trust and its terms must be for the benefit of its beneficiaries.

Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.