Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 10 - Real Estate Investment Trusts.

Section 10A-10-1.01 - Short Title. - This chapter and the provisions of Chapter 1 to the...

Section 10A-10-1.02 - Definitions. - As used in this chapter, unless the context otherwise requires,...

Section 10A-10-1.03 - Permitted Form of Unincorporated Trust or Association. - A real estate investment trust is a permitted form of...

Section 10A-10-1.04 - Construction With Other Law. - (a) This chapter does not limit present law as it...

Section 10A-10-1.05 - Compliance Required. - A real estate investment trust may not do business in...

Section 10A-10-1.06 - Declaration of Trust. - (a) A real estate investment trust organized under this chapter...

Section 10A-10-1.07 - Classification of Shares. - (a) A real estate investment trust may provide by its...

Section 10A-10-1.08 - Removal of Trustees. - Unless the declaration of trust provides otherwise, the shareholders of...

Section 10A-10-1.09 - Powers. - A real estate investment trust has the power to: (1)...

Section 10A-10-1.10 - Provisions on Investments and Use. - (a) A real estate investment trust shall hold, either directly...

Section 10A-10-1.11 - Annual Report. - (a) Each year, a real estate investment trust doing business...

Section 10A-10-1.12 - Inspection of Records. - A shareholder has the same right to inspect the records...

Section 10A-10-1.13 - Filing Fees. - (a) A real estate investment trust shall pay the filing...

Section 10A-10-1.14 - Amendment of Declaration. - (a) Except as provided in subsection (c) of Section 10A-10-1.06...

Section 10A-10-1.15 - Merger. - (a) For purposes of this section, the following words shall...

Section 10A-10-1.16 - Dissolution. - (a) A real estate investment trust may terminate its existence...

Section 10A-10-1.17 - Liability of Trust. - The liability of a real estate investment trust extends to...

Section 10A-10-1.18 - Nonliability of Shareholders for Obligations of Trust. - No holder of the shares of, or beneficial interest in,...

Section 10A-10-1.19 - Liability of Trustee. - (a) Subject to the provisions of subsection (b), a trustee...

Section 10A-10-1.20 - Service of Process. - In an action against a real estate investment trust doing...

Section 10A-10-1.21 - Income Tax. - (a) A real estate investment trust shall be subject to...

Section 10A-10-1.23 - Treatment of Corporate Real Estate Investment Trust. - A domestic or foreign corporation or any "qualified REIT subsidiary"...

Section 10A-10-1.24 - Treatment of Distribution. - Distributions made from ordinary income by a real estate investment...