Code of Alabama
Title 19 - Fiduciaries and Trusts.
Chapter 4A - Idle Funds in Fiduciary Accounts.

Section 19-4A-1 - Idle Funds Defined. - Idle funds are defined as collected income and principal cash...

Section 19-4A-2 - Investment in Accordance With Terms of Governing Document. - A bank or trust company duly authorized to exercise fiduciary...

Section 19-4A-3 - Short-Term Investment Vehicle. - In the absence of specific instructions in the governing document,...

Section 19-4A-4 - Reasonable Rate of Return; Considerations. - In the absence of specific instructions in the governing document,...

Section 19-4A-5 - Investment in Timely Manner; No Obligation to Invest Funds Less Than $1,000. - In the absence of specific instructions in the governing document,...

Section 19-4A-6 - Compensation. - In the absence of specific instructions in the governing document,...

Section 19-4A-7 - Applicability. - The provisions of this chapter shall apply to all fiduciary...