Any trust institution may establish, maintain and administer one or more common trust funds.
Structure Code of Alabama
Title 5 - Banks and Financial Institutions.
Chapter 12A - Administration, etc., of Common Trust Funds.
Section 5-12A-1 - Definitions.
Section 5-12A-2 - Trust Institutions May Establish, etc., Common Trust Funds.
Section 5-12A-3 - Investments by Trust Institutions.
Section 5-12A-4 - Common Trust Fund Plan.
Section 5-12A-5 - Amendment of Plan.
Section 5-12A-6 - Control of Investments by Instrument Under Which Trust Institution Acts.
Section 5-12A-7 - Investment of Estate Moneys in Fund; Withdrawals.
Section 5-12A-8 - Record of Fiduciary Accounts Owning Interest in Fund; Extent of Interest.
Section 5-12A-9 - Annual Audit.
Section 5-12A-10 - Quarterly Valuation of Securities in Fund.
Section 5-12A-11 - Management and Control of Fund; Ownership of Assets.
Section 5-12A-12 - Mistakes in Administration of Fund.