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2019 Code of Alabama
Title 19 - Fiduciaries and Trusts.
Chapter 3D - Alabama Uniform Trust Decanting Act.
Section 19-3D-5 - Application; governing law.
Universal Citation: AL Code § 19-3D-5 (2019)
Section 19-3D-5Application; governing law.
This chapter applies to a trust created before, on, or after January 1, 2019, which:
(1) has its principal place of administration in this state, including a trust whose principal place of administration has been changed to this state; or
(2) provides by its trust instrument that it is governed by the law of this state or is governed by the law of this state for the purpose of:
(A) administration, including administration of a trust whose governing law for purposes of administration has been changed to the law of this state;
(B) construction of terms of the trust; or
(C) determining the meaning or effect of terms of the trust.
(Act 2018-519, §5.)
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