2006 Alabama Code - Section 35-4-252 — Term of trust for accumulation.

No trust of estates for the purpose of accumulation only can have any force or effect for a longer term than 10 years, unless when for the benefit of a minor in being at the date of conveyance, or if by will, at the death of the testator; in which case the trust may extend to the termination of such minority.

(Code 1852, §1310; Code 1867, §1580; Code 1876, §2189; Code 1886, §1835; Code 1896, §1031; Code 1907, §3410; Code 1923, §6914; Code 1940, T. 47, §146.)