No trustee or co-trustee serving pursuant to the provisions of this chapter shall at any time be liable for any mistake of law or fact, or of both law and fact, or errors of judgment, or for any loss sustained by the AFT Trust or AFT Charitable Trust, or by any life beneficiary, or by any other person, except through actual fraud or willful misconduct on the part of such trustee or co-trustee.
Structure Code of Alabama
Chapter 9B - Alabama Family Trust Board of Trustees.
Section 38-9B-1 - Legislative Findings.
Section 38-9B-2 - Definitions.
Section 38-9B-3 - Contributors Allowed to Supplement Care of Impaired Persons; Assets of Trustees.
Section 38-9B-5 - Aft Corporation, Trust, and Charitable Trust.
Section 38-9B-6 - Rights and Interests of Life Beneficiaries and Contributors.