State Codes and Statutes
Statutes > Alabama > Title19 > Chapter4A > 19-4A-2Section 19-4A-2
Investment in accordance with terms of governing document.
A bank or trust company duly authorized to exercise fiduciary powers through the operation of a trust department shall invest idle funds in each fiduciary account in accordance with the specific terms of the governing document.
(Acts 1991, No. 91-129, p. 163, §1(b).)