A trustee or other person that reasonably relies on the validity of a distribution of part or all of the property of a trust to another trust, or a modification of a trust, under this chapter, laws of this state other than this chapter, or the law of another jurisdiction is not liable to any person for any action or failure to act as a result of the reliance.
Ala. Code § 19-3D-6
Reasonable Reliance.
Known as the Alabama Uniform Trust Decanting Act
The act spans §§ 19–19 (29 sections).
(Act 2018-519, §6.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.