Code of Alabama - Title 19: Fiduciaries and Trusts - Section 19-3B-404 - Trust purposes

Section 19-3B-404 - Trust purposes.

A trust may be created only to the extent its purposes are lawful, not contrary to public policy, and possible to achieve. A trust and its terms must be for the benefit of its beneficiaries.

(Act 2006-216, p. 314, §1.)

Last modified: May 3, 2021