Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, in accordance with the terms of the trust and its purposes and the interests of the beneficiaries, and in accordance with this chapter.
Ala. Code § 19-3B-801
Duty to Administer Trust.
Known as the Alabama Uniform Trust Code
The act spans §§ 19-3B-1001 to 19-3B-906 (108 sections).
(Act 2006-216, p. 314, §1.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.