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    • Legislation USA
    • Code of Alabama
    • Title 5 - Banks and Financial Institutions.
    • Chapter 12A - Administration, etc., of Common Trust Funds.
    • Section 5-12A-5 - Amendment of Plan.

    Code of Alabama
    Chapter 12A - Administration, etc., of Common Trust Funds.
    Section 5-12A-5 - Amendment of Plan.

    The plan may be amended from time to time by the fiduciary with the approval of the board of directors of the trust institution. Any such amendment shall be filed with the original plan, together with a certified copy of the resolution of the board of directors of the trust institution approving the same.

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    Structure Code of Alabama

    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.

    Section 5-12A-13 - Administration, etc., of Common Trust Funds Differing From Funds Permitted by This Chapter.

    Section 5-12A-14 - Accountings.

    Section 5-12A-15 - Taxation.

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