State Codes and Statutes

Statutes > Alabama > Title19 > Chapter3B > 19-3B-404

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.)

State Codes and Statutes

Statutes > Alabama > Title19 > Chapter3B > 19-3B-404

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.)

State Codes and Statutes

State Codes and Statutes

Statutes > Alabama > Title19 > Chapter3B > 19-3B-404

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.)