Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 16 - Business Trusts.

Section 10A-16-1.01 - Definition of "Business trust." - A business trust is an express trust created by a...

Section 10A-16-1.02 - Establishment; Lawful Purposes. - A business trust may be established by a declaration of...

Section 10A-16-1.03 - Powers and Liabilities of Trustees; Liability of Trust for Acts of Trustees. - The trustees shall hold the legal title to all property...

Section 10A-16-1.04 - Certificate of Ownership; Liability of Beneficial Owners. - The beneficial ownership in a business trust may be evidenced...

Section 10A-16-1.05 - Contents and Recordation of Declaration of Trust. - (a) The written declaration of trust may provide for the...

Section 10A-16-1.06 - Duration of Business Trust; Rules Against Perpetuities and Restraint of Alienation Not Violated. - A business trust shall not be deemed invalid as violating...

Section 10A-16-1.07 - Suits Against Trust; Property Subject to Attachment and Execution. - A business trust may be sued for debts and other...