Alabama § 19-3D-5 Application; Governing Law

Alabama Statutes

§ 19-3D-5 — Application; Governing Law

Alabama·Title 19 Fiduciaries and Trusts·Ch. 3D Alabama Uniform Trust Decanting Act

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.

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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.

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