Alabama Statutes
§ 19-3B-1009 — Beneficiary’s Consent, Release, or Ratification
Alabama § 19-3B-1009
This text of Alabama § 19-3B-1009 (Beneficiary’s Consent, Release, or Ratification) 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 § 19-3B-1009 (2026).
Text
A trustee is not liable to a beneficiary for breach of trust if the beneficiary consented to the conduct constituting the breach, released the trustee from liability for the breach, or ratified the transaction constituting the breach, unless:
(1)the consent, release, or ratification of the beneficiary was induced by improper conduct of the trustee; or
(2)at the time of the consent, release, or ratification, the beneficiary did not know of the material facts relating to the alleged breach and the trustee had actual knowledge of the facts relating to the alleged breach.
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Legislative History
(Act 2006-216, p. 314, §1.)
Nearby Sections
15
§ 19-1-1
Short Title§ 19-1-11
Chapter Not Retroactive§ 19-1-12
Cases Not Provided for in Chapter§ 19-1-13
Uniformity of Interpretation§ 19-1-2
Definitions§ 19-1-8
Deposit in Name of Principal§ 19-1A-1
Short TitleCite This Page — Counsel Stack
Bluebook (online)
Alabama § 19-3B-1009, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/19-3B-1009.