Code of Alabama
Title 19 - Fiduciaries and Trusts.
Chapter 3D - Alabama Uniform Trust Decanting Act.

Section 19-3D-1 - Short Title. - SHORT TITLE. This chapter may be cited as the Alabama...

Section 19-3D-2 - Definitions. - DEFINITIONS. In this chapter the following terms have the following...

Section 19-3D-3 - Scope. - SCOPE. (a) Except as otherwise provided in subsections (b) and...

Section 19-3D-4 - Fiduciary Duty. - FIDUCIARY DUTY. (a) In exercising the decanting power, an authorized...

Section 19-3D-5 - Application; Governing Law. - This chapter applies to a trust created before, on, or...

Section 19-3D-6 - Reasonable Reliance. - REASONABLE RELIANCE. A trustee or other person that reasonably relies...

Section 19-3D-7 - Notice; Exercise of Decanting Power. - (a) In this section, a notice period begins on the...

Section 19-3D-8 - Representation. - REPRESENTATION. (a) Notice to a person with authority to represent...

Section 19-3D-9 - Court Involvement. - (a) On application of an authorized fiduciary, a person entitled...

Section 19-3D-10 - Formalities. - FORMALITIES. An exercise of the decanting power must be made...

Section 19-3D-11 - Decanting Power Under Expanded Distributive Dicretion. - (a) In this section the following terms have the following...

Section 19-3D-12 - Decanting Power Under Limited Distributive Discretion. - DECANTING POWER UNDER LIMITED DISTRIBUTIVE DISCRETION. (a) In this section,...

Section 19-3D-13 - Trust for Beneficiary With Disability. - TRUST FOR BENEFICIARY WITH DISABILITY. (a) In this section the...

Section 19-3D-14 - Protection of Charitable Interest. - PROTECTION OF CHARITABLE INTEREST. (a) In this section the following...

Section 19-3D-15 - Trust Limitation on Decanting. - TRUST LIMITATION ON DECANTING. (a) An authorized fiduciary may not...

Section 19-3D-16 - Change in Compensation. - (a) If a first-trust instrument specifies an authorized fiduciary's compensation,...

Section 19-3D-17 - Relief From Liability and Indemnification. - RELIEF FROM LIABILITY AND INDEMNIFICATION. (a) Except as otherwise provided...

Section 19-3D-18 - Removal or Replacement of Authorized Fiduciary. - REMOVAL OR REPLACEMENT OF AUTHORIZED FIDUCIARY. An authorized fiduciary may...

Section 19-3D-19 - Tax-Related Limitations. - TAX-RELATED LIMITATIONS. (a) In this section the following terms have...

Section 19-3D-20 - Duration of Second Trust. - DURATION OF SECOND TRUST. (a) Subject to subsection (b), a...

Section 19-3D-21 - Need to Distribute Not Required. - NEED TO DISTRIBUTE NOT REQUIRED. An authorized fiduciary may exercise...

Section 19-3D-22 - Saving Provision. - SAVING PROVISION. (a) If exercise of the decanting power would...

Section 19-3D-23 - Trust for Care of Animal. - TRUST FOR CARE OF ANIMAL. (a) In this section the...

Section 19-3D-24 - Terms of Second Trust. - TERMS OF SECOND TRUST. A reference in Chapter 3B (commencing...

Section 19-3D-25 - Settlor. - SETTLOR. (a) For purposes of laws of this state other...

Section 19-3D-26 - Later-Discovered Property. - LATER-DISCOVERED PROPERTY. (a) Except as otherwise provided in subsection (c),...

Section 19-3D-27 - Obligations. - OBLIGATIONS. A debt, liability, or other obligation enforceable against property...

Section 19-3D-28 - Uniformity of Application and Construction. - UNIFORMITY OF APPLICATION AND CONSTRUCTION. In applying and construing this...

Section 19-3D-29 - Relation to Electronic Signatures in Global and National Commerce Act. - RELATION TO ELECTRONIC SIGNATURES IN GLOBAL AND NATIONAL COMMERCE ACT....