Alabama § 10A-16-1.05 Contents and Recordation of Declaration of Trust

Alabama Statutes

§ 10A-16-1.05 — Contents and Recordation of Declaration of Trust

Alabama § 10A-16-1.05

Title 10AAlabama Business and Nonprofit Entities Code

Ch. 16Business Trusts

This text of Alabama § 10A-16-1.05 (Contents and Recordation of Declaration of Trust) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 10A-16-1.05 (2026).

Text

(a)The written declaration of trust may provide for the election of successor trustees in the event of the death, resignation, and removal of a trustee and may provide for the amendment of the declaration of trust. The declaration of trust may also contain other provisions regarding the operation and administration of the business trust as may be necessary or desirable.

(b)The declaration of trust shall be delivered to the Secretary of State for filing, accompanied by the filing fee in the amount prescribed by Chapter 1 for a certificate of formation.

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(a) The written declaration of trust may provide for the election of successor trustees in the event of the death, resignation, and removal of a trustee and may provide for the amendment of the declaration of trust. The declaration of trust may also contain other provisions regarding the operation and administration of the business trust as may be necessary or desirable.
(b) The declaration of trust shall be delivered to the Secretary of State for filing, accompanied by the filing fee in the amount prescribed by Chapter 1 for a certificate of formation.