Code of Alabama
Chapter 3 - Trusts.
Article 3 - Business Trusts.

Section 19-3-60 - Definition of "Business trust." - A business trust is an express trust created by a...

Section 19-3-61 - Establishment; Lawful Purposes. - A business trust may be established by a declaration of...

Section 19-3-62 - Powers and Liabilities of Trustees; Liability of Trust for Acts of Trustees. - The trustees shall hold the legal title to all property...

Section 19-3-63 - Certificates of Ownership; Liability of Beneficial Owners. - The beneficial ownership in a business trust shall be evidenced...

Section 19-3-64 - Contents and Recordation of Declaration of Trust. - The written declaration of trust may provide for the election...

Section 19-3-65 - Duration of Business Trust; Rules Against Perpetuities and Restraint of Alienation Not Violated. - A business trust shall not be deemed invalid as violating...

Section 19-3-66 - Suits Against Trust; Property Subject to Attachment and Execution. - A business trust may be sued for debts and other...

Section 19-3-67 - Taxation. - Repealed by Act 2006-114, p. 173, §5, effective for tax...