If a trust has two or more beneficiaries, then the trustee shall act impartially in investing, managing, and distributing the trust property, giving due regard to the beneficiaries’ respective interests and the purposes of the trust.
Ala. Code § 19-3B-803
Impartiality.
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.